Friends of Village X Inc

Analysis

Friends of Village X Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Friends of Village X Inc reported income of $115k and spending of $166k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $115k (+3.2%), an average of +3.2% a year. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Village X Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include Mias Children Foundation ($115k), Korea Japan English Camp Inc ($115k) and Arco Iris America Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.