Regional West Village

Analysis

Regional West Village is a registered charity in United States, based in Scottsbluff, NE. It received its IRS tax-exemption ruling in November 1989, 37 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 December 2023, Regional West Village reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $2.7m (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Regional West Village sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include St Stephen Inc ($2.7m), New Way Group Home ($2.7m) and Gardena Valley Japanese Cultural Institute Housing Project ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $121k (4.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $2.0m, net assets of $2.3m. It reported 47 employees.