Ten Thousand Villages

Analysis

Ten Thousand Villages is a registered charity in United States, based in Ephrata, PA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Ten Thousand Villages reported income of $9.7m and spending of $10.6m, spending 110% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $12.1m to $9.7m (-20%), an average of -7.0% a year. The sharpest change came in the year to March 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ten Thousand Villages sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Community and Senior Services of Johnston County Inc ($9.7m), Raise the Future ($9.7m) and Georgia Mountain Food Bank Inc ($9.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 4.8% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $232k (2.2% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $15.0m against liabilities of $11.3m, net assets of $3.6m. It reported 240 employees.