Terry Village Inc

Analysis

Terry Village Inc is a registered charity in United States, based in Cayce, SC. It received its IRS tax-exemption ruling in August 2010, 16 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 2024, Terry Village Inc reported income of $108k and spending of $150k, spending 139% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $81k to $108k (+33%), an average of +7.3% a year. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Terry Village Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Chestnut Manor Inc ($108k), Mosaic Housing Corp Xvii - Beatrice ($108k) and St Anthony Homes Inc ($108k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 42% of the total. Other salaries and wages came to $23k. At year end it held assets of $1.3m against liabilities of $1.8m, net assets of -$469k.

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.