Golden Villa Center Inc

Analysis

Golden Villa Center Inc is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Golden Villa Center Inc reported income of $200k and spending of $156k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $184k to $200k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Villa Center Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within OK. Charities of a similar size with the same main cause include Allatoona Buccaneer Dugout Club Inc ($200k), Community Learning Connections Inc ($200k) and Vita Valens Foundation Inc ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $65k. At year end it held assets of $397k against liabilities of $0, net assets of $397k. It reported 5 employees.