Central Vermont Substance Abuse Services Inc

Analysis

Central Vermont Substance Abuse Services Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Central Vermont Substance Abuse Services Inc reported income of $1.3m and spending of $1.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.3m (-13%), an average of -3.5% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Vermont Substance Abuse Services Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within VT. Charities of a similar size with the same main cause include Community Action for Social Justice ($1.3m), Upmc ($1.3m) and VNSW Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $831k against liabilities of $443k, net assets of $388k.