Hyperbaric Vermont Inc

Analysis

Hyperbaric Vermont Inc is a registered charity in United States, based in Hardwick, VT. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Hyperbaric Vermont Inc reported income of $243k and spending of $292k, spending 120% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $216k to $243k (+12%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hyperbaric Vermont Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 49th percentile within VT. Charities of a similar size with the same main cause include Cottonwood Environmental Law Center ($243k), Friends of Weiser River Trail Inc ($243k) and Bear River Land Conservancy ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $30k (10% of expenses). Other salaries and wages came to $137k. At year end it held assets of $91k against liabilities of $1,635, net assets of $89k. It reported 13 employees.