Villa St Francis Corp

Analysis

Villa St Francis Corp is a registered charity in United States, based in Peekskill, NY. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Villa St Francis Corp reported income of $571k and spending of $773k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $603k to $571k (-5.3%), an average of -1.3% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa St Francis Corp sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Lutheran Senior Services of Southern Chester County Pa Inc ($571k), McPherson Housing Coalition Inc ($571k) and Columbus Community Housing Development Organization Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $69k against liabilities of $3.3m, net assets of -$3.2m. It reported 3 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.