Village Empowerment Inc

Analysis

Village Empowerment Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 July 2023, Village Empowerment Inc reported income of $700k and spending of $628k, spending 90% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $277k to $700k (+153%), an average of +59% a year. The sharpest change came in the year to July 2022, when income rose by 79%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Village Empowerment Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Conviventia ($699k), Project Connect Inc ($700k) and Partners in Development Worldwide ($699k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $959k against liabilities of $707k, net assets of $253k.