RCCC Villa

Analysis

RCCC Villa is a registered charity in United States, based in Ruthven, IA. It received its IRS tax-exemption ruling in September 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 (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, RCCC Villa reported income of $74k and spending of $141k, spending 191% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $74k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 190% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RCCC Villa sits at the 17th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include Spectrum Maywood Home Inc ($74k), Allen Housing Foundation ($74k) and Memorial Home Endowment Foundation ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 92% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.1m against liabilities of $1.9m, net assets of -$801k.

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.