Southern Vermont Health Services Corporation
Southern Vermont Health Services: Consistent Revenue, Shifting Financials
EIN: 222564588 · Brattleboro, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| Net Assets | $19.0M |
| Transparency Score | 75/100 |
Is Southern Vermont Health Services Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Vermont Health Services Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Vermont Health Services Corporation
Southern Vermont Health Services Corporation (EIN: 222564588) is a nonprofit organization based in Brattleboro, VT. The organization reported total revenue of $3.1M and total assets of $25.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Vermont Health Services Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Vermont Health Services Corporation is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-276,341 |
| Total Assets | $20.0M |
| Total Liabilities | $955K |
| Net Assets | $19.0M |
| Operating Margin | -17.1% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 126.5 months |
Financial Health Grade: B
In 2023, Southern Vermont Health Services Corporation reported a deficit of $276K with expenses exceeding revenue, holds 126.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Vermont Health Services Corporation's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.2% | -15.7% | +12.8% |
| 2022 | -19.1% | -1.8% | -18.8% |
| 2021 | -17.3% | -74.8% | +21.6% |
| 2020 | -9.8% | +319.0% | -23.7% |
| 2019 | +39.2% | +9.2% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Southern Vermont Health Services Corporation with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Southern Vermont Health Services Corporation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $276K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed as the provided data does not include specific compensation figures for executives.
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 Southern Vermont Health Services Corporation's IRS 990 filings:
- Significant fluctuation in expenses, notably a spike to $9,085,429 in 2020 compared to an average of around $2 million in other years, warrants further investigation.
- The provided data lacks detailed breakdowns of program spending, administrative costs, and fundraising expenses, making a precise spending analysis difficult.
Strengths
The following positive indicators were identified for Southern Vermont Health Services Corporation:
- The organization consistently maintains a healthy asset base, with assets generally exceeding $17 million over the past several years.
- Revenue has remained relatively stable, ranging from $2.6 million to $3.7 million annually, indicating consistent operational funding.
Frequently Asked Questions about Southern Vermont Health Services Corporation
Is Southern Vermont Health Services Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Vermont Health Services Corporation (EIN: 222564588) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Southern Vermont Health Services Corporation spend its money?
Southern Vermont Health Services Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southern Vermont Health Services Corporation tax-deductible?
Southern Vermont Health Services Corporation is registered as a tax-exempt nonprofit (EIN: 222564588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern Vermont Health Services Corporation's spending goes to programs?
Southern Vermont Health Services Corporation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Southern Vermont Health Services Corporation located?
Southern Vermont Health Services Corporation is headquartered in Brattleboro, Vermont and files with the IRS under EIN 222564588.
How many years of IRS 990 filings does Southern Vermont Health Services Corporation have?
Southern Vermont Health Services Corporation 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 $3.1M in total revenue.
What does Southern Vermont Health Services Corporation do?
Southern Vermont Health Services Corporation is a nonprofit organization in the Unknown sector, located in Brattleboro, Vermont. It is classified under NTEE code Unknown.
How much revenue does Southern Vermont Health Services Corporation have?
Southern Vermont Health Services Corporation reported total revenue of $3,132,187. Based on 13 IRS 990 filings on record.
What are Southern Vermont Health Services Corporation's total assets?
Southern Vermont Health Services Corporation holds total assets of $24,952,727 as reported in IRS 990 filings.
Where is Southern Vermont Health Services Corporation located?
Southern Vermont Health Services Corporation is based in Brattleboro, Vermont.
What is Southern Vermont Health Services Corporation's EIN?
Southern Vermont Health Services Corporation's Employer Identification Number (EIN) is 222564588. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Southern Vermont Health Services Corporation?
Southern Vermont Health Services Corporation is classified under NTEE code Unknown (Unknown).
Is Southern Vermont Health Services Corporation a registered 501(c)(3)?
Southern Vermont Health Services Corporation appears in IRS records (EIN: 222564588). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Southern Vermont Health Services Corporation file IRS Form 990?
Yes, Southern Vermont Health Services Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Southern Vermont Health Services Corporation's revenue in 2023?
In the 202309 filing period, Southern Vermont Health Services Corporation reported total revenue of $1,618,415, total expenses of $1,894,756, and net assets of $19,968,998.
Is Southern Vermont Health Services Corporation's revenue growing or declining?
Southern Vermont Health Services Corporation's revenue is declining. Revenue went from $2,287,257 (202209) to $1,618,415 (202309), a -29.2% change. Based on 13 filings on record.
What is Southern Vermont Health Services Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Southern Vermont Health Services Corporation covers tax period 202309. It shows revenue of $1,618,415, expenses of $1,894,756, total assets of $19,968,998, and liabilities of $955,157.
How much does Southern Vermont Health Services Corporation spend on programs vs administration?
Based on IRS 990 analysis, Southern Vermont Health Services Corporation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Southern Vermont Health Services Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Southern Vermont Health Services Corporation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Southern Vermont Health Services Corporation?
The following concerns were identified: Significant fluctuation in expenses, notably a spike to $9,085,429 in 2020 compared to an average of around $2 million in other years, warrants further investigation.. The provided data lacks detailed breakdowns of program spending, administrative costs, and fundraising expenses, making a precise spending analysis difficult.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Southern Vermont Health Services Corporation's strengths?
Positive indicators for Southern Vermont Health Services Corporation include: The organization consistently maintains a healthy asset base, with assets generally exceeding $17 million over the past several years.. Revenue has remained relatively stable, ranging from $2.6 million to $3.7 million annually, indicating consistent operational funding.. These findings are derived from AI analysis of the organization's financial filings.
How does Southern Vermont Health Services Corporation compensate executives?
Executive compensation cannot be assessed as the provided data does not include specific compensation figures for executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the substantial increase in expenses to $9,085,429 in 2020, and how was this managed given the revenue of $3,418,643 in the same year?
The provided data does not specify the nature of this expense increase. It suggests a significant one-time event or reclassification, as expenses far exceeded revenue in 2020, potentially drawing from reserves or other funding sources not detailed here.
Filing History
IRS 990 filing history for Southern Vermont Health Services Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Vermont Health Services Corporation's revenue has declined by 70.1%, moving from $5.4M to $1.6M. Total assets increased by 74.2% over the same period, from $11.5M to $20.0M. Total functional expenses fell by 65.7%, from $5.5M to $1.9M. In its most recent filing year (2023), Southern Vermont Health Services Corporation reported a deficit of $276K, with expenses exceeding revenue. The organization holds $955K in liabilities against $20.0M in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $19.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.9M | $20.0M | $955K | — | — |
| 2022 | $2.3M | $2.2M | $17.7M | $804K | — | View 990 |
| 2021 | $2.8M | $2.3M | $21.8M | $896K | — | View 990 |
| 2020 | $3.4M | $9.1M | $17.9M | $661K | — | View 990 |
| 2019 | $3.8M | $2.2M | $23.5M | $649K | — | View 990 |
| 2018 | $2.7M | $2.0M | $23.6M | $692K | — | View 990 |
| 2017 | $3.6M | $2.4M | $21.6M | $761K | — | View 990 |
| 2016 | $2.6M | $2.6M | $18.9M | $791K | — | View 990 |
| 2015 | $3.4M | $2.7M | $17.4M | $945K | — | View 990 |
| 2014 | $3.8M | $3.1M | $18.1M | $1.2M | — | View 990 |
| 2013 | $6.4M | $3.1M | $16.4M | $833K | — | View 990 |
| 2012 | $3.4M | $2.5M | $13.5M | $1.1M | — | View 990 |
| 2011 | $5.4M | $5.5M | $11.5M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.9M, and assets of $20.0M (revenue -29.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $17.7M (revenue -19.1% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.3M, and assets of $21.8M (revenue -17.3% year-over-year).
- 2020: Revenue of $3.4M, expenses of $9.1M, and assets of $17.9M (revenue -9.8% year-over-year).
- 2019: Revenue of $3.8M, expenses of $2.2M, and assets of $23.5M (revenue +39.2% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.0M, and assets of $23.6M (revenue -25.0% year-over-year).
- 2017: Revenue of $3.6M, expenses of $2.4M, and assets of $21.6M (revenue +39.2% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.6M, and assets of $18.9M (revenue -24.3% year-over-year).
- 2015: Revenue of $3.4M, expenses of $2.7M, and assets of $17.4M (revenue -8.2% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.1M, and assets of $18.1M (revenue -41.3% year-over-year).
- 2013: Revenue of $6.4M, expenses of $3.1M, and assets of $16.4M (revenue +90.9% year-over-year).
- 2012: Revenue of $3.4M, expenses of $2.5M, and assets of $13.5M (revenue -38.1% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.5M, and assets of $11.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Vermont Health Services Corporation:
Data Sources and Methodology
This transparency report for Southern Vermont Health Services Corporation 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.