Foxdale Village Corporation

Analysis

Foxdale Village Corporation is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in October 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foxdale Village Corporation reported income of $24.4m and spending of $22.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.3m to $24.4m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foxdale Village Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include International Institute of Metropolitan St Louis ($24.4m), United Community Action Program Inc ($24.4m) and YMCA of Central Stark County ($24.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $534k (2.4% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $97.1m against liabilities of $63.7m, net assets of $33.4m. It reported 266 employees.