Metropolitan Village Inc

Analysis

Metropolitan Village Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Metropolitan Village Inc reported income of $1.7m and spending of $2.1m, spending 125% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.6m to $1.7m (+7.5%), an average of +1.8% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Metropolitan Village Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Second Step Housing ($1.7m), Fundacion de Desarrollo Comunal de P R Inc ($1.7m) and Rochester Civic Housing Inc ($1.7m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $340k. At year end it held assets of $2.7m against liabilities of $4.3m, net assets of -$1.6m.