Dragonheart Vermont Incorporated

Analysis

Dragonheart Vermont Incorporated is a registered charity in United States, based in S Burlington, VT. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Dragonheart Vermont Incorporated reported income of $533k and spending of $482k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $410k to $533k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dragonheart Vermont Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Trellis Center ($533k), Yuan Tze Ren Xue Center Inc ($533k) and Vayu Global Health Foundation Inc ($533k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $43k (8.9% of expenses). Other salaries and wages came to $67k. At year end it held assets of $848k against liabilities of $7,856, net assets of $840k. It reported 10 employees.