American Village Communities Inc

Analysis

American Village Communities Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in February 1993, 33 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, American Village Communities Inc reported income of $4.5m and spending of $3.6m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.5m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 69% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, American Village Communities Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Christian Benevolent Outreach Inc ($4.5m), St Ambrose Housing Aid Center Inc ($4.5m) and First Story ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $533k. At year end it held assets of $16.2m against liabilities of $13.6m, net assets of $2.6m.