Village North Inc

Analysis

Village North Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2016, 10 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, Village North Inc reported income of $11.6m and spending of $11.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $11.6m (+32%), an average of +7.2% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village North Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Bluestem Pace Inc ($11.6m), Hendrick Hospice Care Inc ($11.6m) and Trumbull Community Action Program ($11.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $377k (3.3% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $6.9m against liabilities of $1.5m, net assets of $5.4m. It reported 149 employees.