Vilaseca Josephine Center Inc

Analysis

Vilaseca Josephine Center Inc is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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 2022, Vilaseca Josephine Center Inc reported income of $754k and spending of $769k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $686k to $754k (+9.9%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vilaseca Josephine Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Maryland Music Educators Assoc Inc ($754k), Wesley Child Care Center Inc ($754k) and Millbrae Nursery School ($754k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 23% and program service revenue 73% of the total. Other salaries and wages came to $493k. At year end it held assets of $308k against liabilities of $26k, net assets of $282k. It reported 27 employees.