Presbyterian Village Westland

Analysis

Presbyterian Village Westland is a registered charity in United States, based in Westland, MI. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Presbyterian Village Westland reported income of $6.0m and spending of $6.6m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.0m to $6.0m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income dropped by 15%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Village Westland sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Selfhelp Special Family Home Care Inc ($6.0m), Integrated Community Services ($6.0m) and Childcare Resource Network Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $115k (1.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.5m against liabilities of $11.5m, net assets of -$6.0m. It reported 121 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.