Village Home Education Resource Center
Analysis
Village Home Education Resource Center is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Village Home Education Resource Center reported income of $885k and spending of $753k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $885k (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Village Home Education Resource Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include Al-Madrasa Al-Islamiya ($885k), Queensborough Community College Student Activities Association Inc ($886k) and Eastern Shore Entrepreneurship Center Inc ($885k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $60k (8.0% of expenses). Other salaries and wages came to $370k. At year end it held assets of $567k against liabilities of $6,458, net assets of $560k. It reported 66 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 86%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Al-Madrasa Al-Islamiya | Brooklyn | $885k |
| Queensborough Community College Student Activities Association Inc | Bayside | $886k |
| Eastern Shore Entrepreneurship Center Inc | Easton | $885k |
| Stein Foundation Co | Garland | $886k |