Addison Community Athletics Foundation Inc

Analysis

Addison Community Athletics Foundation Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Addison Community Athletics Foundation Inc reported income of $487k and spending of $431k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $487k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Addison Community Athletics Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Classis of New Brunswick Community Development Corporation ($487k), 805 Undocufund ($487k) and Refugee Assistance Alliance Inc ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). Other salaries and wages came to $169k. At year end it held assets of $1.8m against liabilities of $33k, net assets of $1.7m. It reported 17 employees.