Christian Village of Eastern Virginia Inc

Analysis

Christian Village of Eastern Virginia Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 1997, 29 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 December 2023, Christian Village of Eastern Virginia Inc reported income of $355k and spending of $379k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $355k (+18%), an average of +4.3% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Christian Village of Eastern Virginia Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Harry S Truman Community Development Corporation ($355k), Beyond 90 Inc ($355k) and Premier Community Development Corporation ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 36% of the total. At year end it held assets of $1.6m against liabilities of $2.4m, net assets of -$853k.

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.