Villa de Confianza

Analysis

Villa de Confianza is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1989, 37 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 September 2023, Villa de Confianza reported income of $154k and spending of $133k, spending 87% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $128k to $154k (+20%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa de Confianza sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within AZ. Charities of a similar size with the same main cause include Rotary Haciendas Inc ($154k), Evergreen Terrace Senior Housing Inc ($154k) and Aha Development Corp ($154k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. At year end it held assets of $379k against liabilities of $808k, net assets of -$428k.