Dominican Village Inc

Analysis

Dominican Village Inc is a registered charity in United States, based in Amityville, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dominican Village Inc reported income of $12.3m and spending of $12.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.5m to $12.3m (-16%), an average of -4.1% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dominican Village Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Cof Training Services Inc ($12.3m), The Arc of Alachua County Inc ($12.3m) and The Childrens Home Society of Missouri ($12.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $598k (4.7% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $22.7m against liabilities of $14.7m, net assets of $8.0m. It reported 173 employees.