Vermont Parks Forever Inc

Analysis

Vermont Parks Forever Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Vermont Parks Forever Inc reported income of $230k and spending of $280k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $230k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 133% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Parks Forever Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 48th percentile within VT. Charities of a similar size with the same main cause include Ashland Youth Soccer Inc ($230k), Still I Run ($230k) and Ironbull Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $54k (19% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.1m against liabilities of $31k, net assets of $1.1m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.