Central Vt Medical Center Inc
Central Vermont Medical Center: Stable Finances, High Program Spending
EIN: 222610477 · Barre, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $771K |
| Total Expenses | $596K |
| Program Spending | 82% |
| Net Assets | $3.3M |
| Transparency Score | 85/100 |
Is Central Vt Medical Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Vt Medical Center Inc directs 82% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Vt Medical Center Inc
Central Vt Medical Center Inc (EIN: 222610477) is a nonprofit organization based in Barre, VT. The organization reported total revenue of $771K and total assets of $11.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Vt Medical Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Vt Medical Center Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $726K |
| Total Expenses | $596K |
| Surplus / Deficit | +$131K |
| Total Assets | $12.9M |
| Total Liabilities | $9.6M |
| Net Assets | $3.3M |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 74.3% |
| Months of Reserves | 259.1 months |
Financial Health Grade: A
In 2023, Central Vt Medical Center Inc reported a surplus of $131K with revenue exceeding expenses, holds 259.1 months of operating reserves (strong position), has a debt-to-asset ratio of 74.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Vt Medical Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.6% | +33.7% | -8.8% |
| 2022 | +12.9% | +5.2% | -0.1% |
| 2021 | -17.2% | -7.8% | +6.9% |
| 2020 | -17.4% | -16.6% | +5.9% |
| 2019 | +5.4% | +12.6% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Vt Medical Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 82%
- fundraising: 8%
According to IRS 990 filings, Central Vt Medical Center Inc allocates its expenses as follows: admin: 10%, programs: 82%, fundraising: 8%. With 82% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $131K, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.3%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing an assessment.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Central Vt Medical Center Inc:
- Consistently high program spending, indicating a strong focus on its mission.
- Stable revenue and asset base over the past several years.
- Low administrative and fundraising overhead.
Frequently Asked Questions about Central Vt Medical Center Inc
Is Central Vt Medical Center Inc a legitimate charity?
Central Vt Medical Center Inc (EIN: 222610477) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $771K. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Central Vt Medical Center Inc spend its money?
Central Vt Medical Center Inc directs 82% of its spending to programs and services. Fundraising costs 8%. This exceeds the 65% industry benchmark.
Are donations to Central Vt Medical Center Inc tax-deductible?
Central Vt Medical Center Inc is registered as a tax-exempt nonprofit (EIN: 222610477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Central Vt Medical Center Inc's spending goes to programs?
Central Vt Medical Center Inc directs 82% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Central Vt Medical Center Inc located?
Central Vt Medical Center Inc is headquartered in Barre, Vermont and files with the IRS under EIN 222610477.
How many years of IRS 990 filings does Central Vt Medical Center Inc have?
Central Vt Medical Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $771K in total revenue.
What does Central Vt Medical Center Inc do?
Central Vt Medical Center Inc is a nonprofit organization in the Unknown sector, located in Barre, Vermont. It is classified under NTEE code Unknown.
How much revenue does Central Vt Medical Center Inc have?
Central Vt Medical Center Inc reported total revenue of $770,827. Based on 13 IRS 990 filings on record.
What are Central Vt Medical Center Inc's total assets?
Central Vt Medical Center Inc holds total assets of $11,518,906 as reported in IRS 990 filings.
Where is Central Vt Medical Center Inc located?
Central Vt Medical Center Inc is based in Barre, Vermont.
What is Central Vt Medical Center Inc's EIN?
Central Vt Medical Center Inc's Employer Identification Number (EIN) is 222610477. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Central Vt Medical Center Inc?
Central Vt Medical Center Inc is classified under NTEE code Unknown (Unknown).
Is Central Vt Medical Center Inc a registered 501(c)(3)?
Central Vt Medical Center Inc appears in IRS records (EIN: 222610477). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Central Vt Medical Center Inc file IRS Form 990?
Yes, Central Vt Medical Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Central Vt Medical Center Inc's revenue in 2023?
In the 202312 filing period, Central Vt Medical Center Inc reported total revenue of $726,406, total expenses of $595,813, and net assets of $12,862,476.
Is Central Vt Medical Center Inc's revenue growing or declining?
Central Vt Medical Center Inc's revenue is growing. Revenue went from $551,943 (202212) to $726,406 (202312), a +31.6% change. Based on 13 filings on record.
What is Central Vt Medical Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Central Vt Medical Center Inc covers tax period 202312. It shows revenue of $726,406, expenses of $595,813, total assets of $12,862,476, and liabilities of $9,553,091.
How much does Central Vt Medical Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Central Vt Medical Center Inc allocates approximately 82% of expenses to program services, 10% to administrative costs, and 8% to fundraising. This indicates strong program focus.
Is Central Vt Medical Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Central Vt Medical Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Central Vt Medical Center Inc's strengths?
Positive indicators for Central Vt Medical Center Inc include: Consistently high program spending, indicating a strong focus on its mission.. Stable revenue and asset base over the past several years.. Low administrative and fundraising overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does Central Vt Medical Center Inc compensate executives?
Executive compensation details are not provided in the given data, preventing an assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization's consistent 'c0%' in its financial filings impact its perceived financial health or operational model?
The 'c0%' likely refers to a specific line item that is consistently zero, such as 'compensation from other organizations' or 'unrelated business income tax'. Without further context, it suggests either no activity in that area or that it's not applicable, which doesn't inherently indicate a negative financial health but rather a specific operational structure.
Filing History
IRS 990 filing history for Central Vt Medical Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Vt Medical Center Inc's revenue has grown by 11.2%, moving from $653K to $726K. Total assets increased by 37.4% over the same period, from $9.4M to $12.9M. Total functional expenses rose by 22.3%, from $487K to $596K. In its most recent filing year (2023), Central Vt Medical Center Inc reported a surplus of $131K, with revenue exceeding expenses. The organization holds $9.6M in liabilities against $12.9M in assets (debt-to-asset ratio: 74.3%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $726K | $596K | $12.9M | $9.6M | — | — |
| 2022 | $552K | $446K | $14.1M | $10.9M | — | View 990 |
| 2021 | $489K | $424K | $14.1M | $11.0M | — | View 990 |
| 2020 | $591K | $460K | $13.2M | $10.2M | — | — |
| 2019 | $715K | $551K | $12.5M | $9.6M | — | — |
| 2018 | $678K | $489K | $12.1M | $9.4M | — | View 990 |
| 2017 | $668K | $527K | $12.8M | $10.2M | — | View 990 |
| 2016 | $667K | $471K | $11.7M | $9.3M | — | View 990 |
| 2015 | $679K | $424K | $10.8M | $8.6M | — | View 990 |
| 2014 | $702K | $414K | $12.0M | $10.0M | — | View 990 |
| 2013 | $703K | $446K | $10.4M | $8.7M | — | View 990 |
| 2012 | $679K | $436K | $10.2M | $8.8M | — | View 990 |
| 2011 | $653K | $487K | $9.4M | $8.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $726K, expenses of $596K, and assets of $12.9M (revenue +31.6% year-over-year).
- 2022: Revenue of $552K, expenses of $446K, and assets of $14.1M (revenue +12.9% year-over-year).
- 2021: Revenue of $489K, expenses of $424K, and assets of $14.1M (revenue -17.2% year-over-year).
- 2020: Revenue of $591K, expenses of $460K, and assets of $13.2M (revenue -17.4% year-over-year).
- 2019: Revenue of $715K, expenses of $551K, and assets of $12.5M (revenue +5.4% year-over-year).
- 2018: Revenue of $678K, expenses of $489K, and assets of $12.1M (revenue +1.5% year-over-year).
- 2017: Revenue of $668K, expenses of $527K, and assets of $12.8M (revenue +0.1% year-over-year).
- 2016: Revenue of $667K, expenses of $471K, and assets of $11.7M (revenue -1.8% year-over-year).
- 2015: Revenue of $679K, expenses of $424K, and assets of $10.8M (revenue -3.3% year-over-year).
- 2014: Revenue of $702K, expenses of $414K, and assets of $12.0M (revenue -0.1% year-over-year).
- 2013: Revenue of $703K, expenses of $446K, and assets of $10.4M (revenue +3.5% year-over-year).
- 2012: Revenue of $679K, expenses of $436K, and assets of $10.2M (revenue +3.9% year-over-year).
- 2011: Revenue of $653K, expenses of $487K, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Vt Medical Center Inc:
Data Sources and Methodology
This transparency report for Central Vt Medical Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.