LA Veta Village Inc

Analysis

LA Veta Village Inc is a registered charity in United States, based in LA Veta, CO. It received its IRS tax-exemption ruling in September 2016, 10 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, LA Veta Village Inc reported income of $424k and spending of $597k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $234k to $424k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LA Veta Village Inc 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 65th percentile within CO. Charities of a similar size with the same main cause include Potters House Mission ($424k), The Golden Seeds Foundation ($424k) and Jacksonville Community Land Trust Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $236k. At year end it held assets of $4.4m against liabilities of $3.5m, net assets of $912k. It reported 12 employees.