West Village Retirement Community Inc

Analysis

West Village Retirement Community Inc is a registered charity in United States, based in Thomaston, GA. It received its IRS tax-exemption ruling in March 2000, 26 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 2022, West Village Retirement Community Inc reported income of $783k and spending of $800k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $712k to $783k (+10%), an average of +4.9% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Village Retirement Community 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 80th percentile within GA. Charities of a similar size with the same main cause include Pinellas County Housing Inc ($783k), Telacu Housing-Pacoima Inc ($783k) and Interim Housing Association ($782k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $406k. At year end it held assets of $804k against liabilities of $1.1m, net assets of -$331k. It reported 22 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.