Midwest Christian Villages Inc

Analysis

Midwest Christian Villages Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2008, 18 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, Midwest Christian Villages Inc reported income of $17.9m and spending of $34.0m, spending 190% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.8m to $17.9m (-9.5%), an average of -2.5% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 145% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Midwest Christian Villages Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Allegheny Lutheran Social Ministries Inc ($17.9m), Colorado State University Research Foundation ($17.9m) and North Ward Center Inc ($17.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 122% of the total. Compensation of current officers, directors and key employees was $1.6m (4.7% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $16.1m against liabilities of $40.4m, net assets of -$24.4m. It reported 2,485 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.