Barre 2000 and Beyond Inc

Analysis

Barre 2000 and Beyond Inc is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Barre 2000 and Beyond Inc reported income of $203k and spending of $189k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $203k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Barre 2000 and Beyond Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 45th percentile within VT. Charities of a similar size with the same main cause include Menzfit in Per Suit of Change ($203k), Cass County Economic Development Corporation ($203k) and Orleans County Local Development Corp ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $64k (34% of expenses). At year end it held assets of $31k against liabilities of $5,500, net assets of $26k. It reported 2 employees.