NJTL of Bennington VT

Analysis

NJTL of Bennington VT is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in February 2017, 9 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, NJTL of Bennington VT reported income of $188k and spending of $191k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $232k to $188k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, NJTL of Bennington VT sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 43rd percentile within VT. Charities of a similar size with the same main cause include BJ Montgomery Discovery Foundation ($188k), 360 Community Thrift ($188k) and Markham Childrens Care Association Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $93k (48% of expenses). Other salaries and wages came to $50k. At year end it held assets of $76k against liabilities of $0, net assets of $76k. It reported 17 employees.