Villa Regina

Analysis

Villa Regina is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Villa Regina reported income of $1.5m and spending of $1.7m, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.5m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa Regina sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Five S T a R Veterans Center Inc ($1.5m), Suitland Housing Corporation a Community Housing Development Org ($1.5m) and New Braunfels Community Resources Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $229k. At year end it held assets of $9.7m against liabilities of $3.0m, net assets of $6.6m. It reported 5 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.