The Champlain Adaptive Mounted Program

Analysis

The Champlain Adaptive Mounted Program is a registered charity in United States, based in South Hero, VT. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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, The Champlain Adaptive Mounted Program reported income of $199k and spending of $162k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $199k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Champlain Adaptive Mounted Program sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 45th percentile within VT. Charities of a similar size with the same main cause include Little League Baseball Inc ($199k), Henry Co Abilities Resource Council ($199k) and Wilderness Health Care Foundation Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 9.9% of the total. Other salaries and wages came to $29k. At year end it held assets of $206k against liabilities of $129k, net assets of $77k. It reported 6 employees.