Vermont Recovery Network Inc

Analysis

Vermont Recovery Network Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Vermont Recovery Network Inc reported income of $227k and spending of $225k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $725k to $227k (-69%), an average of -25% a year. The sharpest change came in the year to June 2020, when income dropped by 62%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vermont Recovery Network Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 47th percentile within VT. Charities of a similar size with the same main cause include Haystack Project Inc ($227k), Valley Kids Foundation ($227k) and Medical Fitness Education Foundation ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). Other salaries and wages came to $62k. At year end it held assets of $138k against liabilities of $6,084, net assets of $131k. It reported 6 employees.