Vista Grande Villa

Analysis

Vista Grande Villa is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in September 1973, 53 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 December 2023, Vista Grande Villa reported income of $17.4m and spending of $19.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.0m to $17.4m (+16%), an average of +3.8% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vista Grande Villa sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Soldier on Inc ($17.4m), Rescue Missions Ministries Inc ($17.4m) and Community Hospital Inc ($17.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Other salaries and wages came to $5.5m. At year end it held assets of $22.1m against liabilities of $38.6m, net assets of -$16.5m. It reported 229 employees.

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.