Village Tech Schools

Analysis

Village Tech Schools is a registered charity in United States, based in Duncanville, TX. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Village Tech Schools reported income of $14.7m and spending of $14.6m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $10.7m to $14.7m (+37%), an average of +8.2% a year. The sharpest change came in the year to August 2022, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Village Tech Schools sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Atlanta Jewish Academy Inc ($14.6m), Grover Cleveland-Mastery Charter School ($14.7m) and Russell Byers Charter School ($14.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $286k (2.0% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $33.6m against liabilities of $29.0m, net assets of $4.6m. It reported 190 employees.