Villa Sierra Madre Inc

Analysis

Villa Sierra Madre Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Villa Sierra Madre Inc reported income of $833k and spending of $938k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $717k to $833k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Sierra Madre Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Belton Christian Youth Center ($833k), Altergarten Las Teresas Inc I ($833k) and Dream Catchers ($833k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.0m against liabilities of $2.9m, net assets of $144k. It reported 3 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.