Vermont Association of Hospitals and Health Systems Network

Analysis

Vermont Association of Hospitals and Health Systems Network is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Hospitals and Health Systems Network reported income of $508k and spending of $307k, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $410k to $508k (+24%), an average of +5.5% a year. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vermont Association of Hospitals and Health Systems Network sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within VT. Charities of a similar size with the same main cause include Theater Breaking Through Barriers Corp ($508k), Flagler Home Care LLC ($508k) and Potters House Substance Abuse Center ($508k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $150k. At year end it held assets of $1.7m against liabilities of $52k, net assets of $1.7m. It reported 2 employees.