Vermont Outdoor Business Alliance Inc

Analysis

Vermont Outdoor Business Alliance Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2023, Vermont Outdoor Business Alliance Inc reported income of $76k and spending of $157k, spending 208% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $135k to $76k (-44%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Outdoor Business Alliance 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 30th percentile, and in the 20th percentile within VT. Charities of a similar size with the same main cause include Rio Rancho Rams Boys Basketball Inc ($76k), Mid Maryland United Baseball Group ($76k) and Soldotna Whalers Wrestling Club ($76k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $4,901 against liabilities of $762, net assets of $4,139.