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 supporting organisation 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 $777k and spending of $1.1m, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $565k to $777k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 130% 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 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Dillon Complex for Independent Living Inc ($776k), Bandera Senior Housing Corp ($777k) and Dragonfly Dreams Housing Inc ($776k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 42% of the total. Compensation of current officers, directors and key employees was $537k (48% of expenses). Other salaries and wages came to $75k. At year end it held assets of $9.5m against liabilities of $22k, net assets of $9.5m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.