Villa Maria Health Care SVC Inc

Analysis

Villa Maria Health Care SVC Inc is a registered charity in United States, based in Laud Lakes, FL. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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 September 2023, Villa Maria Health Care SVC Inc reported income of $709k and spending of $1.5m, spending 213% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.7m to $709k (-59%), an average of -20% a year. The sharpest change came in the year to September 2023, when income dropped by 38%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Maria Health Care SVC Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Gaithersburg Help Inc ($709k), Lexington Arts and Crafts Society Inc ($710k) and All Africa Conference-Sister to Sister Inc ($709k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $755k. At year end it held assets of $751k against liabilities of $2.2m, net assets of -$1.4m. It reported 63 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.