Eastview at Middlebury

Analysis

Eastview at Middlebury is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in February 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eastview at Middlebury reported income of $7.8m and spending of $7.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $7.8m (+18%), an average of +4.1% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eastview at Middlebury sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VT. Charities of a similar size with the same main cause include Montana Homeownership Network Inc ($7.8m), PHW Oconomowoc Inc ($7.8m) and Specialized Housing Incorporated ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $191k (2.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $31.9m against liabilities of $36.6m, net assets of -$4.7m. It reported 161 employees.