Village Improvement Association of Doylestown Pa

Analysis

Village Improvement Association of Doylestown Pa is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Village Improvement Association of Doylestown Pa reported income of $622k and spending of $646k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $892k to $622k (-30%), an average of -8.6% a year. The sharpest change came in the year to June 2020, when income dropped by 59%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Village Improvement Association of Doylestown Pa sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Allen Temple Community Economic Development Corporation ($622k), Institute for Local Innovations Inc ($622k) and Las Vegas Community Investment Corporation ($622k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $2.0m against liabilities of $44k, net assets of $1.9m.