Stratton Mountain & Valley Community Benefit Foundation

Analysis

Stratton Mountain & Valley Community Benefit Foundation is a registered charity in United States, based in Stratton Mountain, VT. It received its IRS tax-exemption ruling in September 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stratton Mountain & Valley Community Benefit Foundation reported income of $973k and spending of $982k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $452k to $973k (+115%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 79%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stratton Mountain & Valley Community Benefit Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within VT. Charities of a similar size with the same main cause include Axis Dance Company ($973k), Mountain State Spotlight Inc ($974k) and Gulf of Maine Lobster Foundation Inc ($972k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $136k. At year end it held assets of $893k against liabilities of $11k, net assets of $882k. It reported 4 employees.