The University of Vermont Health Network Inc

Analysis

The University of Vermont Health Network Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in April 2012, 14 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The University of Vermont Health Network Inc reported income of $3.1m and spending of $7.8m, spending 256% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $23.9m to $3.1m (-87%), an average of -40% a year. The sharpest change came in the year to September 2023, when income dropped by 95%. Over the whole period it spent 18% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The University of Vermont Health Network Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VT. Charities of a similar size with the same main cause include Washington Hospital Foundation Inc ($3.1m), Fort Bend Regional Council on Substance Abuse Inc ($3.1m) and The Winifred Masterson Burke Foundation Inc ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 242% of the total. At year end it held assets of $991.3m against liabilities of $932.4m, net assets of $58.9m.