Cabot Community Association Inc

Analysis

Cabot Community Association Inc is a registered charity in United States, based in Cabot, VT. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Cabot Community Association Inc reported income of $256k and spending of $251k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $117k to $256k (+118%), an average of +118% a year. The sharpest change came in the year to June 2024, when income rose by 118%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cabot Community Association 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 59th percentile, and in the 50th percentile within VT. Charities of a similar size with the same main cause include Institute for Political Philosophy and Theology ($256k), Greenfield Community Television Inc ($256k) and Sunflower Music Festival Inc ($256k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (4.8% of expenses). Other salaries and wages came to $22k. At year end it held assets of $124k against liabilities of $3,719, net assets of $120k. It reported 6 employees.