The Village Inc

Analysis

The Village Inc is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in January 2007, 19 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 June 2023, The Village Inc reported income of $71k and spending of $109k, spending 154% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $71k (+2.3%), an average of +0.6% a year. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Village Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AL. Charities of a similar size with the same main cause include Shooting Star Apartments Inc ($71k), Gateway to Glory ($71k) and Shalom Apartments of Federation Housing Inc ($71k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $883k against liabilities of $1.3m, net assets of -$413k.

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.