The Village Community
Analysis
The Village Community is a registered charity in United States, based in West Branch, IA. It received its IRS tax-exemption ruling in August 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 (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, The Village Community reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $912k to $1.4m (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 87% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Village Community sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Niacog Housing Trust Fund Inc ($1.4m), Houses New York Inc ($1.4m) and National Church Residences of ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $96k (8.1% of expenses). Other salaries and wages came to $677k. At year end it held assets of $1.8m against liabilities of $759k, net assets of $999k. It reported 33 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 80%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Niacog Housing Trust Fund Inc | Mason City | $1.4m |
| Houses New York Inc | New York | $1.4m |
| National Church Residences of | Columbus | $1.4m |
| Perrysburg Ecumenical Housing Inc | Perrysburg | $1.4m |