Villa Siena

Analysis

Villa Siena is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Villa Siena reported income of $10.7m and spending of $11.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $10.7m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Siena 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 CA. Charities of a similar size with the same main cause include Special Olympics New York Inc ($10.7m), Restoration Society Inc ($10.7m) and Healthaccess Inc ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $272k (2.3% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $39.6m against liabilities of $23.5m, net assets of $16.1m. It reported 104 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.