Tatman Village Inc

Analysis

Tatman Village Inc is a registered charity in United States, based in Monticello, IL. It received its IRS tax-exemption ruling in April 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Tatman Village Inc reported income of $1.7m and spending of $1.4m, spending 80% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.7m (+35%), an average of +7.8% a year. The sharpest change came in the year to September 2021, when income rose by 68%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tatman Village Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Germantown Interfaith Housing Inc ($1.7m), Midvalley Recovery Facilities Inc ($1.7m) and Calhound Presbyterian Apartments Foundation ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $98k (7.2% of expenses). Other salaries and wages came to $431k. At year end it held assets of $13.1m against liabilities of $3.4m, net assets of $9.7m. It reported 30 employees.