Groton Village Housing Inc
Analysis
Groton Village Housing Inc is a registered charity in United States, based in St Johnsbury, VT. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Groton Village Housing Inc reported income of $126k and spending of $136k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $126k (+8.8%), an average of +2.1% a year. Over the whole period it spent 94% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Groton Village Housing Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 33rd percentile within VT. Charities of a similar size with the same main cause include Life Options Network ($126k), Amos House Inc ($126k) and Buchanan Housing Inc ($126k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $553k against liabilities of $80k, net assets of $473k.
Income and spending
Where the income comes from
- Program services 99%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Life Options Network | Kelso | $126k |
| Amos House Inc | Danbury | $126k |
| Buchanan Housing Inc | Independence | $126k |
| Willows Inc | Martin | $126k |