Vincent Village Inc

Analysis

Vincent Village Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in January 1990, 36 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vincent Village Inc reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+14%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vincent Village Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Renaissance of Hope Inc ($1.4m), Housing Alliance Delaware Inc ($1.4m) and Room in the Inn - Memphis ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $100k (7.9% of expenses). Other salaries and wages came to $587k. At year end it held assets of $4.6m against liabilities of $1.1m, net assets of $3.5m. It reported 31 employees.