Vermont Companion Animal Neutering Inc

Analysis

Vermont Companion Animal Neutering Inc is a registered charity in United States, based in Middlesex, VT. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Vermont Companion Animal Neutering Inc reported income of $287k and spending of $304k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $324k to $287k (-11%), an average of -3.0% a year. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Vermont Companion Animal Neutering Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 53rd percentile within VT. Charities of a similar size with the same main cause include Dona Ana County Humane Society ($287k), Sequatchie Valley Low Cost Spay & Neuter ($287k) and 4 Paws on Deck Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $70k (23% of expenses). Other salaries and wages came to $88k. At year end it held assets of $121k against liabilities of $0, net assets of $121k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.