Vermont River Conservancy Inc

Analysis

Vermont River Conservancy Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Vermont River Conservancy Inc reported income of $1.0m and spending of $900k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $973k to $1.0m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vermont River Conservancy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within VT. Charities of a similar size with the same main cause include Aarons Acres ($1.0m), Peoples Transit ($1.0m) and Life-Skills Empowerment and Development Services - Leads - Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $179k (20% of expenses). Other salaries and wages came to $174k. At year end it held assets of $1.6m against liabilities of $267k, net assets of $1.3m. It reported 6 employees.