Hacienda Villas Inc

Analysis

Hacienda Villas Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Hacienda Villas Inc reported income of $675k and spending of $2.3m, spending 347% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $1.6m to $675k (-57%), an average of -24% a year. The sharpest change came in the year to May 2022, when income rose by 496%. Over the whole period it spent 49% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hacienda Villas Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Cmhi Property Management Inc ($675k), Communityworks in West Virginia Inc ($675k) and Scholars Inc ($674k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 53% of the total. Compensation of current officers, directors and key employees was $300k (13% of expenses). Other salaries and wages came to $193k. At year end it held assets of $11.0m against liabilities of $112k, net assets of $10.9m. It reported 31 employees.