Our Lady of Fatima Villa Foundation

Analysis

Our Lady of Fatima Villa Foundation is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2023, Our Lady of Fatima Villa Foundation reported income of $356k and spending of $636k, spending 179% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.4m to $356k (-93%), an average of -49% a year. The sharpest change came in the year to June 2021, when income rose by 734%. Over the whole period it spent 17% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Our Lady of Fatima Villa Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Eight Eleven Foundation Inc ($356k), Aspire India Inc ($356k) and Maplewood Memorial Library Foundation - a New Jersey Non-Prof ($355k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% of the total. Other salaries and wages came to $337k. At year end it held assets of $12.8m against liabilities of $1.3m, net assets of $11.5m.