Lamoille Community House Inc

Analysis

Lamoille Community House Inc is a registered charity in United States, based in Hyde Park, VT. It received its IRS tax-exemption ruling in March 2020, 6 years ago. 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, Lamoille Community House Inc reported income of $586k and spending of $309k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $209k to $586k (+180%), an average of +41% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lamoille Community House Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within VT. Charities of a similar size with the same main cause include Oasis Institute ($586k), Walkboston Inc ($586k) and Memphis Chapter for Preservation of Tennessee Antiquities ($586k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Other salaries and wages came to $204k. At year end it held assets of $550k against liabilities of $6,072, net assets of $543k. It reported 18 employees.