Village Family Service Center

Analysis

Village Family Service Center is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in October 1957, 69 years ago. 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, Village Family Service Center reported income of $14.4m and spending of $14.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.8m to $14.4m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Family Service Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within ND. Charities of a similar size with the same main cause include East Central University Foundation Inc ($14.4m), United South & Eastern Tribes Inc ($14.4m) and Whitfield School Inc ($14.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $360k (2.5% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $6.6m against liabilities of $3.2m, net assets of $3.4m. It reported 228 employees.