Villa Seton Inc

Analysis

Villa Seton Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in July 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Villa Seton Inc reported income of $755k and spending of $836k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $552k to $755k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa Seton Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Hopebuilders Home Repair Inc ($755k), Beacon of Hope Ministries ($755k) and Palo Alto Senior Housing Project Inc ($754k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 20% of the total. Other salaries and wages came to $131k. At year end it held assets of $3.5m against liabilities of $363k, net assets of $3.1m. It reported 4 employees.

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.