Villa de Vida

Analysis

Villa de Vida is a registered charity in United States, based in Poway, CA. 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, Villa de Vida reported income of $425k and spending of $468k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $425k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa de Vida sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($425k), Broadway Housing Communities Foundation Inc ($425k) and Restore Neighborhoods LA Inc ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $120k (26% of expenses). Other salaries and wages came to $213k. At year end it held assets of $3.7m against liabilities of $44k, net assets of $3.6m. It reported 13 employees.