Northern Forest Canoe Trail Inc

Analysis

Northern Forest Canoe Trail Inc is a registered charity in United States, based in Waitsfield, VT. It received its IRS tax-exemption ruling in March 2000, 26 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 December 2023, Northern Forest Canoe Trail Inc reported income of $663k and spending of $653k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $663k (+133%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Forest Canoe Trail Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within VT. Charities of a similar size with the same main cause include Behringer-Crawford Museum Board of Trustees ($662k), Colorado Business Committee for the Arts ($663k) and Central Florida Ballet Inc ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $68k (10% of expenses). Other salaries and wages came to $108k. At year end it held assets of $182k against liabilities of $14k, net assets of $168k. It reported 4 employees.