Presbyterian Village

Analysis

Presbyterian Village is a registered charity in United States, based in Ackley, IA. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Presbyterian Village reported income of $3.8m and spending of $4.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $3.8m (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presbyterian Village sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Hazelden Chicago ($3.8m), Childrens Dental Foundation ($3.8m) and Family Tree Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $148k (3.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $7.3m against liabilities of $5.0m, net assets of $2.3m. It reported 113 employees.