Craftsbury Saplings

Analysis

Craftsbury Saplings is a registered charity in United States, based in Craftsbury, VT. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Craftsbury Saplings reported income of $550k and spending of $462k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $227k to $550k (+142%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Craftsbury Saplings 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 72nd percentile, and in the 67th percentile within VT. Charities of a similar size with the same main cause include Laradon Real Estate Corporation ($550k), Christian Cheerleaders of America Incorporated ($550k) and Iranian American Women Foundation ($550k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $42k (9.1% of expenses). Other salaries and wages came to $299k. At year end it held assets of $249k against liabilities of $36k, net assets of $213k. It reported 17 employees.