Champlain Islanders Developing Essential Resources

Analysis

Champlain Islanders Developing Essential Resources is a registered charity in United States, based in South Hero, VT. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Champlain Islanders Developing Essential Resources reported income of $708k and spending of $730k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $512k to $708k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 139%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Champlain Islanders Developing Essential Resources sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within VT. Charities of a similar size with the same main cause include Veterans Legacy ($708k), Any Woman Can LLC ($708k) and Rising Phoenix ($708k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Other salaries and wages came to $336k. At year end it held assets of $929k against liabilities of $187k, net assets of $742k. It reported 22 employees.