Villa San Luis Charitable Trust

Analysis

Villa San Luis Charitable Trust is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in September 1981, 45 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 October 2023, Villa San Luis Charitable Trust reported income of $1.1m and spending of $747k, leaving 32% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $754k to $1.1m (+47%), an average of +10% a year. The sharpest change came in the year to October 2023, when income rose by 41%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa San Luis Charitable Trust sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Fort Schuyler House Inc ($1.1m), Sharon Towers Foundation ($1.1m) and Rural Communities Housing Development Group ($1.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. Other salaries and wages came to $159k. At year end it held assets of $2.8m against liabilities of $366k, net assets of $2.5m. It reported 9 employees.