Venture Villa II Inc

Analysis

Venture Villa II Inc is a registered charity in United States, based in Pryor, OK. It received its IRS tax-exemption ruling in June 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Venture Villa II Inc reported income of $118k and spending of $157k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $118k (+7.8%), an average of +1.9% a year. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Venture Villa II Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OK. Charities of a similar size with the same main cause include Shasta Manor II ($118k), Ashland Community Development Corporation ($118k) and Wood-N-Hearts ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $28k. At year end it held assets of $622k against liabilities of $1.5m, net assets of -$899k. It reported 2 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.