Villages Ltd

Analysis

Villages Ltd is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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, Villages Ltd reported income of $10.6m and spending of $3.1m, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $10.6m (+250%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 329%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villages Ltd sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Concordia Lutheran High School of North Harris County ($10.6m), Sea Education Association Inc ($10.6m) and Northwood School ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 25% of the total. Other salaries and wages came to $364k. At year end it held assets of $31.1m against liabilities of $466k, net assets of $30.6m.