Vermont Maple Festival Inc

Analysis

Vermont Maple Festival Inc is a registered charity in United States, based in St Albans, VT. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Vermont Maple Festival Inc reported income of $199k and spending of $193k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $194k to $199k (+2.5%), an average of +2.5% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Maple Festival Inc sits at the 68th percentile: it is larger than about 68% 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), National Cornbread Festival Inc ($199k) and Pekin Amateur Hockey Association ($199k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $290k against liabilities of $0, net assets of $290k.