Villa Mary Immaculate

Analysis

Villa Mary Immaculate is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Villa Mary Immaculate reported income of $14.1m and spending of $16.6m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.9m to $14.1m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Villa Mary Immaculate 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 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Mercy Hospital ($14.0m), University of Maryland Upper Chesapeake Health System Inc ($14.1m) and Sunbelt Health Care Centers Inc ($14.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Other salaries and wages came to $7.9m. At year end it held assets of $15.5m against liabilities of $1.9m, net assets of $13.6m. It reported 272 employees.

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.