Village Center for Care Fund

Analysis

Village Center for Care Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Village Center for Care Fund reported income of $1.7m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $961k to $1.7m (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 249%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Village Center for Care Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Firefighters for Healing ($1.7m), Mary W Guenzel Charitable Trust Dated February 5 2015 ($1.7m) and Greater Richmond Fit4kids Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $3.5m against liabilities of $166k, net assets of $3.4m. It reported 3 employees.