Village Micro Fund

Analysis

Village Micro Fund is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Village Micro Fund reported income of $738k and spending of $1.1m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $738k (+195%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 579%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Village Micro Fund sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Student Action with Farmworkers ($737k), United Math Circles Foundation ($738k) and Protect Connect Educate Solutions ($737k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $223k (20% of expenses). Other salaries and wages came to $399k. At year end it held assets of $38k against liabilities of $28k, net assets of $9,902. It reported 7 employees.