Daniel Payne College Village Foundation

Analysis

Daniel Payne College Village Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Daniel Payne College Village Foundation reported income of $604k and spending of $727k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $390k to $604k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daniel Payne College Village Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Custos Foundation ($604k), Wise CCC ($604k) and Charuhas Foundation Inc ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Other salaries and wages came to $115k. At year end it held assets of $2.3m against liabilities of $161k, net assets of $2.1m. 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.