Ten Thousand Villages Richmond Virginia Inc

Analysis

Ten Thousand Villages Richmond Virginia Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 1995, 31 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 March 2024, Ten Thousand Villages Richmond Virginia Inc reported income of $191k and spending of $189k, spending 99% of its income. Across the 4 years on record, from March 2020 to March 2024, income grew from $174k to $191k (+9.7%), an average of +3.1% a year. The sharpest change came in the year to March 2024, when income rose by 17%. Over the whole period it spent 109% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ten Thousand Villages Richmond Virginia Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Barnraisers Inc ($191k), Peaceworks Inc ($191k) and Secure Families Foundation ($191k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 3.2% of the total. Compensation of current officers, directors and key employees was $53k (28% of expenses). Other salaries and wages came to $32k. At year end it held assets of $71k against liabilities of $129k, net assets of -$58k. It reported 8 employees.