Homeshare Vermont Inc
Homeshare Vermont Inc shows robust financial growth and efficient spending with no officer compensation.
EIN: 134287957 · S Burlington, VT · NTEE: P70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $890K |
| Total Expenses | $775K |
| Program Spending | 85% |
| Net Assets | $2.7M |
| Transparency Score | 92/100 |
Is Homeshare Vermont Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Homeshare Vermont Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Homeshare Vermont Inc
Homeshare Vermont Inc (EIN: 134287957) is a nonprofit organization based in S Burlington, VT, classified under NTEE code P70. The organization reported total revenue of $890K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeshare Vermont Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homeshare Vermont Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $775K |
| Surplus / Deficit | +$722K |
| Total Assets | $2.8M |
| Total Liabilities | $115K |
| Net Assets | $2.7M |
| Operating Margin | 48.3% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 43.5 months |
Financial Health Grade: A
In 2024, Homeshare Vermont Inc reported a surplus of $722K with revenue exceeding expenses, holds 43.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Homeshare Vermont Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +132.8% | +39.1% | +44.7% |
| 2023 | +13.2% | +15.5% | +10.4% |
| 2022 | -9.0% | +1.7% | -2.3% |
| 2021 | +14.8% | -3.1% | +22.0% |
| 2020 | +6.1% | +16.4% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Homeshare Vermont Inc with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Homeshare Vermont Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $722K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size and suggests a strong volunteer or pro-bono leadership model.
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.
Red Flags
The following concerns were identified during AI analysis of Homeshare Vermont Inc's IRS 990 filings:
- Unusually low expenses relative to revenue in 2024 ($774,604 expenses vs $1,497,101 revenue) which, while positive for asset growth, could warrant a deeper look into the nature of the surplus and its planned use.
Strengths
The following positive indicators were identified for Homeshare Vermont Inc:
- Exceptional financial growth, with revenue increasing significantly from $411,060 in 2015 to $1,497,101 in 2024.
- Strong asset accumulation, growing from $1,152,825 in 2015 to $2,804,857 in 2024, indicating robust financial stability.
- Consistent reporting of 0% officer compensation, demonstrating a high level of transparency and dedication to mission-focused spending.
- Low liabilities relative to assets, indicating a healthy balance sheet and minimal financial risk.
- Positive net income in most periods, especially a substantial surplus in 2024, allowing for program expansion or reserves.
Frequently Asked Questions about Homeshare Vermont Inc
Is Homeshare Vermont Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Homeshare Vermont Inc (EIN: 134287957) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Homeshare Vermont Inc spend its money?
Homeshare Vermont Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Homeshare Vermont Inc tax-deductible?
Homeshare Vermont Inc is registered as a tax-exempt nonprofit (EIN: 134287957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Homeshare Vermont Inc's spending goes to programs?
Homeshare Vermont Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Homeshare Vermont Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Homeshare Vermont Inc is above average for NTEE category P70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Homeshare Vermont Inc located?
Homeshare Vermont Inc is headquartered in S Burlington, Vermont and files with the IRS under EIN 134287957. It is classified under NTEE code P70.
How many years of IRS 990 filings does Homeshare Vermont Inc have?
Homeshare Vermont 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 $890K in total revenue.
Is Homeshare Vermont Inc a good charity?
Based on its financial data, Homeshare Vermont Inc appears to be a very good charity. It demonstrates strong financial health, efficient spending with a high percentage of expenses going to programs, and exceptional transparency regarding executive compensation.
How has Homeshare Vermont Inc's financial health changed over time?
Homeshare Vermont Inc has shown consistent growth in revenue and assets over the past decade. Revenue has increased from $411,060 in 2015 to $1,497,101 in 2024, and assets have grown from $1,152,825 to $2,804,857 in the same period, indicating strong and sustained financial health.
What is Homeshare Vermont Inc's spending efficiency?
The organization exhibits high spending efficiency. In 2024, expenses were $774,604 against revenue of $1,497,101, indicating that a significant portion of its income is available for program activities or reinvestment. The consistent 0% officer compensation further underscores its commitment to efficient resource allocation.
Filing History
IRS 990 filing history for Homeshare Vermont Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Homeshare Vermont Inc's revenue has grown by 333.2%, moving from $346K to $1.5M. Total assets increased by 221.7% over the same period, from $872K to $2.8M. Total functional expenses rose by 165.8%, from $291K to $775K. In its most recent filing year (2024), Homeshare Vermont Inc reported a surplus of $722K, with revenue exceeding expenses. The organization holds $115K in liabilities against $2.8M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $775K | $2.8M | $115K | — | View 990 |
| 2023 | $643K | $557K | $1.9M | $73K | — | View 990 |
| 2022 | $568K | $482K | $1.8M | $62K | — | View 990 |
| 2021 | $625K | $474K | $1.8M | $12K | — | View 990 |
| 2020 | $544K | $489K | $1.5M | $34K | — | View 990 |
| 2019 | $513K | $420K | $1.4M | $10K | — | View 990 |
| 2018 | $443K | $403K | $1.4M | $9K | — | — |
| 2017 | $427K | $380K | $1.3M | $9K | — | View 990 |
| 2016 | $387K | $366K | $1.2M | $8K | — | View 990 |
| 2015 | $411K | $386K | $1.2M | $14K | — | View 990 |
| 2014 | $404K | $416K | $1.1M | $14K | — | View 990 |
| 2013 | $541K | $370K | $1.1M | $15K | — | View 990 |
| 2012 | $346K | $291K | $872K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $775K, and assets of $2.8M (revenue +132.8% year-over-year).
- 2023: Revenue of $643K, expenses of $557K, and assets of $1.9M (revenue +13.2% year-over-year).
- 2022: Revenue of $568K, expenses of $482K, and assets of $1.8M (revenue -9.0% year-over-year).
- 2021: Revenue of $625K, expenses of $474K, and assets of $1.8M (revenue +14.8% year-over-year).
- 2020: Revenue of $544K, expenses of $489K, and assets of $1.5M (revenue +6.1% year-over-year).
- 2019: Revenue of $513K, expenses of $420K, and assets of $1.4M (revenue +15.9% year-over-year).
- 2018: Revenue of $443K, expenses of $403K, and assets of $1.4M (revenue +3.6% year-over-year).
- 2017: Revenue of $427K, expenses of $380K, and assets of $1.3M (revenue +10.3% year-over-year).
- 2016: Revenue of $387K, expenses of $366K, and assets of $1.2M (revenue -5.8% year-over-year).
- 2015: Revenue of $411K, expenses of $386K, and assets of $1.2M (revenue +1.8% year-over-year).
- 2014: Revenue of $404K, expenses of $416K, and assets of $1.1M (revenue -25.3% year-over-year).
- 2013: Revenue of $541K, expenses of $370K, and assets of $1.1M (revenue +56.5% year-over-year).
- 2012: Revenue of $346K, expenses of $291K, and assets of $872K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homeshare Vermont Inc:
Data Sources and Methodology
This transparency report for Homeshare Vermont 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.