Stowe Community Fund Inc

Analysis

Stowe Community Fund Inc is a registered charity in United States, based in Stowe, VT. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stowe Community Fund Inc reported income of $155k and spending of $122k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $382k to $155k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stowe Community Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 38th percentile within VT. Charities of a similar size with the same main cause include Centro Nazareno de Compasion Agape Inc ($155k), Mattapan Square Main Streets Inc ($155k) and Colorado Association of Snowmobile Clubs Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.