North Central Vermont Recovery Center Inc

Analysis

North Central Vermont Recovery Center Inc is a registered charity in United States, based in Morrisville, VT. It received its IRS tax-exemption ruling in August 2011, 15 years ago. 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 June 2023, North Central Vermont Recovery Center Inc reported income of $569k and spending of $508k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $226k to $569k (+152%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 76%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Central Vermont Recovery Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within VT. Charities of a similar size with the same main cause include Metropolitan Housing Development Corporation ($568k), B a S E Camp Childrens Cancer Foundation Inc ($569k) and Works in New Directions Inc ($568k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). Other salaries and wages came to $260k. At year end it held assets of $361k against liabilities of $20k, net assets of $341k. It reported 16 employees.