Villagers Homeowners Advocates Inc

Analysis

Villagers Homeowners Advocates Inc is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 2023, Villagers Homeowners Advocates Inc reported income of $130k and spending of $126k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $271k to $130k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villagers Homeowners Advocates Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Ness County Bank Building Foundation Inc ($130k), Special Opportunity Center Inc ($130k) and Wright County Area United Way ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 69% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.