Middlebury Transitional Care Coalition Inc

Analysis

Middlebury Transitional Care Coalition Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Middlebury Transitional Care Coalition Inc reported income of $741k and spending of $758k, spending 102% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $620k to $741k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2023, when income rose by 444%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Middlebury Transitional Care Coalition Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within VT. Charities of a similar size with the same main cause include Maria B Freitas Senior Housing Corporation ($741k), National Church Residences ($742k) and Wyandanch Homes and Property Development Corporation ($741k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $356k. At year end it held assets of $1.5m against liabilities of $54k, net assets of $1.4m. It reported 21 employees.