American Village Communities Inc
Analysis
American Village Communities Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in February 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, American Village Communities Inc reported income of $4.2m and spending of $3.4m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.2m (+16%), an average of +3.8% a year. Over the whole period it spent 84% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, American Village Communities Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Thistle Community Housing ($4.2m), Gates Senior Housing Inc ($4.2m) and Care Corps Inc ($4.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 91% of the total. Other salaries and wages came to $419k. At year end it held assets of $14.4m against liabilities of $7.8m, net assets of $6.7m.
Income and spending
Where the income comes from
- Contributions & grants 6.4%
- Program services 91%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thistle Community Housing | Boulder | $4.2m |
| Gates Senior Housing Inc | Rochester | $4.2m |
| Care Corps Inc | Fremont | $4.2m |
| Christ Church Harbor Apt Inc | Baltimore | $4.3m |