Village on the Isle Foundation Inc

Analysis

Village on the Isle Foundation Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Village on the Isle Foundation Inc reported income of $210k and spending of $110k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $132k to $210k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village on the Isle Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Three Wishes Hope Foundation ($209k), Chicago County Ag Society ($210k) and Eastern Oklahoma County Resource Center Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.