Village Crossroads Senior Housing II Inc

Analysis

Village Crossroads Senior Housing II Inc is a registered charity in United States, based in Timonium, MD. 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 June 2023, Village Crossroads Senior Housing II Inc reported income of $731k and spending of $936k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $624k to $731k (+17%), an average of +4.0% a year. Over the whole period it spent 139% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Crossroads Senior Housing II Inc 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 75th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include International Drop-In Center ($731k), United Community Services of Selma and Dallas County Inc ($732k) and Lutherans Inc for Elderly ($731k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Other salaries and wages came to $264k. At year end it held assets of $9.0m against liabilities of $11.2m, net assets of -$2.2m.

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.