Village at the Bluffs Inc

Analysis

Village at the Bluffs Inc is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in July 2016, 10 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 December 2023, Village at the Bluffs Inc reported income of $477k and spending of $518k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $467k to $477k (+2.1%), an average of +0.5% 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, Village at the Bluffs Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Safe Housing and Economic Development Inc ($477k), Rosale Housing Development Fund Corporation ($477k) and Project Kompass Incorporated ($477k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $115k. At year end it held assets of $2.5m against liabilities of $3.8m, net assets of -$1.3m. It reported 5 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.