Van Hornesville Community Corporation

Analysis

Van Hornesville Community Corporation is a registered charity in United States, based in Van Hornesvle, NY. It received its IRS tax-exemption ruling in September 1948, 78 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 December 2023, Van Hornesville Community Corporation reported income of $59k and spending of $42k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $94k to $59k (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 307%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Van Hornesville Community Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include The Fund for Blood and Cancer Research Inc ($59k), Blue Envelope Health Fund Inc ($59k) and Chrysalis Ministries Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 18% of the total. At year end it held assets of $628k against liabilities of $0, net assets of $628k.