Vermont Huts Association Ltd

Analysis

Vermont Huts Association Ltd is a registered charity in United States, based in Stowe, VT. It received its IRS tax-exemption ruling in June 2017, 9 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 Huts Association Ltd reported income of $1.0m and spending of $1.1m, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $930k to $1.0m (+12%), an average of +12% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Huts Association Ltd sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within VT. Charities of a similar size with the same main cause include American Collegiate Hockey Association Inc ($1.0m), Strikers Fox Valley Soccer Club ($1.0m) and Camp O-At-Ka Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $74k (6.7% of expenses). Other salaries and wages came to $258k. At year end it held assets of $787k against liabilities of $369k, net assets of $418k. It reported 6 employees.