Ten Thousand Villages

Analysis

Ten Thousand Villages is a registered charity in United States, based in Souderton, PA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Ten Thousand Villages reported income of $115k and spending of $210k, spending 183% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $115k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 123% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ten Thousand Villages sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Battery to Bridges Coalition Inc ($115k), Thrive Hood River ($115k) and Oelwein Event Corporation ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% of the total. Compensation of current officers, directors and key employees was $39k (19% of expenses). Other salaries and wages came to $42k. At year end it held assets of $227k against liabilities of $226k, net assets of $977. It reported 8 employees.