Air Force Villages Inc

Analysis

Air Force Villages Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2005, 21 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 June 2023, Air Force Villages Inc reported income of $13.2m and spending of $6.9m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $13.2m (+49%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Air Force Villages Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Buckeye Community Hope Foundation ($13.1m), Lotus Endowment Fund Inc ($13.2m) and Impact Development Fund ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $1.0m (15% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $71.8m against liabilities of $2.5m, net assets of $69.3m. It reported 40 employees.