Village Community School

Analysis

Village Community School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Village Community School reported income of $20.0m and spending of $20.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.9m to $20.0m (-4.7%), an average of -1.2% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Village Community School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Beta Foundation ($19.9m), Empower Lga Inc ($20.0m) and Highline Academy Incorporation ($19.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.2m (5.8% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $68.0m against liabilities of $29.9m, net assets of $38.1m. It reported 143 employees.