Penn Villa Corp

Analysis

Penn Villa Corp is a registered charity in United States, based in Sellersville, PA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Penn Villa Corp reported income of $121k and spending of $173k, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $126k to $121k (-3.5%), an average of -0.9% a year. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Penn Villa Corp sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include X-Tending Hands Inc ($121k), Homes with a Mission ($121k) and Goodworks Inc ($121k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $725k.

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.