Mad River Path Association

Analysis

Mad River Path Association is a registered charity in United States, based in Waitsfield, VT. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Mad River Path Association reported income of $125k and spending of $77k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $125k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mad River Path Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 33rd percentile within VT. Charities of a similar size with the same main cause include Southern Business Administration Association ($125k), Soccer Assoc for Youth ($125k) and Central Society for Clinical Research Lakeside Medical Ctr ($125k).

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 $170k against liabilities of $751, net assets of $170k.