Village Foundation Inc

Analysis

Village Foundation Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in March 1954, 72 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Village Foundation Inc reported income of $140k and spending of $542k, spending 389% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3,472 to $140k (+3918%), an average of +242% a year. The sharpest change came in the year to June 2021, when income rose by 9984%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Shreveport Volunteer Network Inc ($140k), North Yarmouth Historical Society ($140k) and Nebraska Kidney Association Inc ($140k).

At year end it held assets of $6.8m against liabilities of $6,900, net assets of $6.8m.