Villages of Indiana Inc
Analysis
Villages of Indiana Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Villages of Indiana Inc reported income of $27.3m and spending of $25.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.8m to $27.3m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Villages of Indiana Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Community Action Marin ($27.3m), The Upstate Foundation Inc ($27.3m) and Jackson County Community Childrens Service Fund ($27.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $565k (2.2% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $8.6m against liabilities of $3.1m, net assets of $5.6m. It reported 364 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.3%
- Program services 92%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Action Marin | Novato | $27.3m |
| The Upstate Foundation Inc | Syracuse | $27.3m |
| Jackson County Community Childrens Service Fund | Kansas City | $27.3m |
| Burcham Hills Retirement Center II | East Lansing | $27.3m |