Village-Connect Inc

Analysis

Village-Connect Inc is a registered charity in United States, based in San Leandro, CA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Village-Connect Inc reported income of $356k and spending of $403k, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $245k to $356k (+45%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village-Connect Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Fishes and Loaves Outreach Ministries ($356k), Appling County Food Bank Inc ($356k) and Angels Acts of Kindness ($356k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $74k (18% of expenses). Other salaries and wages came to $41k. At year end it held assets of $130k against liabilities of $4,795, net assets of $125k. It reported 3 employees.