Mad River Valley Interfaith Council Inc

Analysis

Mad River Valley Interfaith Council Inc is a registered charity in United States, based in Waitsfield, 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, Mad River Valley Interfaith Council Inc reported income of $112k and spending of $159k, spending 142% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $86k to $112k (+31%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mad River Valley Interfaith Council Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 30th percentile within VT. Charities of a similar size with the same main cause include Novato Community Inc ($112k), Family Promise of Pinellas County ($112k) and A Call to Arms Ministry Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $70k against liabilities of $10k, net assets of $60k.