Addison County Community Action Group Inc
Analysis
Addison County Community Action Group Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Addison County Community Action Group Inc reported income of $2.2m and spending of $2.5m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.2m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 90% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Addison County Community Action Group Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within VT. Charities of a similar size with the same main cause include Lakewood Development Corporation ($2.2m), Benzie Senior Resources ($2.2m) and Canvasback Missions Inc ($2.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 7.2% of the total. Other salaries and wages came to $727k. At year end it held assets of $3.6m against liabilities of $209k, net assets of $3.4m. It reported 33 employees.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Program services 7.2%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lakewood Development Corporation | Lakewood | $2.2m |
| Benzie Senior Resources | Honor | $2.2m |
| Canvasback Missions Inc | Benicia | $2.2m |
| Blaine County Seniors Council Inc | Hailey | $2.2m |