Behavioral Health Network of Vermont Inc

Analysis

Behavioral Health Network of Vermont Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Behavioral Health Network of Vermont Inc reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $790k to $1.1m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 217%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Behavioral Health Network of Vermont Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within VT. Charities of a similar size with the same main cause include Childrens Brain Tumor Project Foundation ($1.1m), Crisis Pregnancy Center of Gaston County ($1.1m) and Mucolipidosis Type IV Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $116k (10% of expenses). Other salaries and wages came to $113k. At year end it held assets of $705k against liabilities of $259k, net assets of $447k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.