Fund for North Bennington Inc

Analysis

Fund for North Bennington Inc is a registered charity in United States, based in N Bennington, VT. It received its IRS tax-exemption ruling in December 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Fund for North Bennington Inc reported income of $280k and spending of $269k, spending 96% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $252k to $280k (+11%), an average of +2.7% a year. The sharpest change came in the year to April 2022, when income rose by 184%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fund for North Bennington Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 53rd percentile within VT. Charities of a similar size with the same main cause include Friends of the Hillsboro Public Library ($280k), Presentation Learning Center ($280k) and Community Developers of Granite Quarry Inc ($280k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 68% and program service revenue 19% of the total. At year end it held assets of $2.7m against liabilities of $110, net assets of $2.7m.