New Thoughts Vermont

Analysis

New Thoughts Vermont is a registered charity in United States, based in Weston, VT. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, New Thoughts Vermont reported income of $73k and spending of $50k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $73k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Thoughts Vermont sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 19th percentile within VT. Charities of a similar size with the same main cause include 2nd Question ($73k), E Stanley Jones Foundation ($73k) and Jannat Pakistan ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $215k against liabilities of $125k, net assets of $90k.