Vermont Oxford Network Inc

Analysis

Vermont Oxford Network Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover medical research, 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 December 2023, Vermont Oxford Network Inc reported income of $8.6m and spending of $8.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.0m to $8.6m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vermont Oxford Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VT. Charities of a similar size with the same main cause include Fondation Pour LA Sante Reproductrice Et Leducation ($8.6m), Greater Meridian Health Clinic Inc ($8.6m) and Cerebral Palsy Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $764k (8.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $14.1m against liabilities of $3.7m, net assets of $10.3m.