Skaalen Village Inc

Analysis

Skaalen Village Inc is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Skaalen Village Inc reported income of $550k and spending of $870k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $550k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 166% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skaalen Village Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Kotzebue Broadcasting Inc ($550k), International Council for Helplines ($550k) and Colorado Community Revitalization Association Inc ($550k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $6.9m against liabilities of $11.7m, net assets of -$4.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.