Families First in Southern Vermont Inc

Analysis

Families First in Southern Vermont Inc is a registered charity in United States, based in White River JCT, VT. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2023, Families First in Southern Vermont Inc reported income of $9.8m and spending of $9.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $9.8m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families First in Southern Vermont Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VT. Charities of a similar size with the same main cause include Oneeighty Inc ($9.8m), Cheyenne Village ($9.8m) and Child-Adult Resource Services Inc ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $150k (1.6% of expenses). At year end it held assets of $5.7m against liabilities of $1.1m, net assets of $4.6m. It reported 130 employees.