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Christian Village of Central Virginia Inc

RegisteredEIN 54-1637562Winston Salem, NCHousing and shelter
Income$517k2023-12
Spending$490ksame year
Spent / received107%5-year average
Size in its cause58th pctHousing and shelter
Exempt since1993Publicly supported organisat
Employees0latest return

Analysis

Christian Village of Central Virginia Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in April 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, Christian Village of Central Virginia Inc reported income of $517k and spending of $490k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $517k (+15%), an average of +3.6% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Christian Village of Central Virginia Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Obgc III Inc ($517k), Monsignor Henry J Reel II Senior Housing Development Fund Co Inc ($517k) and Center on Independent Living Coil Community Development Corp ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. At year end it held assets of $760k against liabilities of $3.5m, net assets of -$2.7m.

Income and spending

$0$136k$272k$408k$545k2019 Income: $448,7532019 Spending: $536,30320192020 Income: $494,0612020 Spending: $525,79120202021 Income: $481,8702021 Spending: $544,64120212022 Income: $491,9462022 Spending: $500,31120222023 Income: $517,0842023 Spending: $490,0302023
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Program services 54%
  • Other 3.2%

Similar-sized charities, same cause

CharityLocationIncome
Obgc III IncBlacklick$517k
Monsignor Henry J Reel II Senior Housing Development Fund Co IncHicksville$517k
Center on Independent Living Coil Community Development CorpSan Antonio$517k
Knollwood Community Housing CorporationSt Louis Park$517k