Old School Village Inc

Analysis

Old School Village Inc is a registered charity in United States, based in Kempton, PA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Old School Village Inc reported income of $181k and spending of $154k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $737k to $181k (-75%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Old School Village Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include MP Mezes Inc ($181k), Chippewa Valley Ecumenical Housing Inc ($181k) and Brewton Voa Elderly Housing Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 94% of the total. At year end it held assets of $3.2m against liabilities of $593k, net assets of $2.6m.