Wells Villa Inc

Analysis

Wells Villa Inc is a registered charity in United States, based in Wellsville, MO. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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, Wells Villa Inc reported income of $218k and spending of $200k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $218k (+23%), an average of +5.2% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wells Villa Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within MO. Charities of a similar size with the same main cause include USA Track & Field Inc ($218k), Alano Club of Wenatchee ($218k) and Friends of Latimer Quilt and Textile Center ($218k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $29k (14% of expenses). At year end it held assets of $343k against liabilities of $316k, net assets of $26k. It reported 1 employees.