Worthington Christian Village Inc

Analysis

Worthington Christian Village Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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, Worthington Christian Village Inc reported income of $3.7m and spending of $4.7m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $3.7m (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worthington Christian Village Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include James F Farr Academy Inc ($3.7m), Habitat for Humanity International Inc ($3.7m) and East Hampton Library ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $285k (6.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.1m against liabilities of $579k, net assets of $1.5m. It reported 237 employees.