Villa Hope Incorporated

Analysis

Villa Hope Incorporated is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in December 1970, 56 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, Villa Hope Incorporated reported income of $2.5m and spending of $2.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.5m (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Hope Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Madison Symphony Orchestra Foundation Inc ($2.5m), Key Opportunities Inc ($2.5m) and Center for Human Development ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $90k (3.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.4m against liabilities of $276k, net assets of $1.1m. It reported 46 employees.