Southwestern Vermont Health Care Foundation Inc

Analysis

Southwestern Vermont Health Care Foundation Inc is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Southwestern Vermont Health Care Foundation Inc reported income of $4.3m and spending of $2.2m, leaving 49% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.6m to $4.3m (+20%), an average of +4.6% a year. The sharpest change came in the year to September 2020, when income rose by 63%. Over the whole period it spent 33% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwestern Vermont Health Care Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VT. Charities of a similar size with the same main cause include Canandaigua Emergency Squad Inc ($4.3m), National Association of Medicaid Directors ($4.3m) and Lucky Duck Foundation ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $453k. At year end it held assets of $26.4m against liabilities of $1.3m, net assets of $25.1m.