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The Village Network Foundation Inc

RegisteredEIN 34-6578002Wooster, OHPoverty relief
Income$478k2023-06
Spending$285ksame year
Spent / received10%5-year average
Size in its cause64th pctPoverty relief
Exempt since1963Supporting organisation
Employees0latest return

Analysis

The Village Network Foundation Inc is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in November 1963, 63 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 June 2023, The Village Network Foundation Inc reported income of $478k and spending of $285k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $161k to $478k (+197%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 3142%. Over the whole period it spent 10% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Village Network Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Fannin County Family Crisis Center Inc ($478k), Progres Foundation Corporation ($478k) and Kaitlyns Kloset - MN ($478k).

At year end it held assets of $13.7m against liabilities of $0, net assets of $13.7m.

Income and spending

$0$1.6m$3.1m$4.7m$6.2m2019 Income: $160,9292019 Spending: $14,12420192020 Income: $191,8112020 Spending: $89,19420202021 Income: $6,218,0102021 Spending: $47,98520212022 Income: $1,057,2722022 Spending: $375,61620222023 Income: $478,3192023 Spending: $285,2442023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Fannin County Family Crisis Center IncBonham$478k
Progres Foundation CorporationMiddletown$478k
Kaitlyns Kloset - MNEagan$478k
Paulding County Area Fdtn-Marshall Memorial Supporting FDTNPaulding$478k