Vermont Association of Snow Travelers Inc

Analysis

Vermont Association of Snow Travelers Inc is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in October 1993, 33 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 September 2023, Vermont Association of Snow Travelers Inc reported income of $4.3m and spending of $3.4m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $4.3m (+6.9%), an average of +1.7% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont Association of Snow Travelers Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VT. Charities of a similar size with the same main cause include Reading Edge Academy Inc ($4.3m), Wing Luke Memorial Foundation ($4.3m) and Alzheimers Family Services Center ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $104k (3.0% of expenses). Other salaries and wages came to $303k. At year end it held assets of $5.4m against liabilities of $14k, net assets of $5.4m. It reported 8 employees.