Villa St Maurice Inc

Analysis

Villa St Maurice Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Villa St Maurice Inc reported income of $989k and spending of $1.5m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $862k to $989k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 152% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa St Maurice Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include MVP Housing Development Fund Company Inc ($989k), Habitat for Humanity International Inc ($990k) and Resiliency Village ($988k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $116k. At year end it held assets of $19.4m against liabilities of $5.2m, net assets of $14.2m.

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.