Village Club & Preserve Inc

Analysis

Village Club & Preserve Inc is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Village Club & Preserve Inc reported income of $360k and spending of $366k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $360k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Village Club & Preserve Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Homer Hockey Association ($360k), Maryland Volleyball Program Inc ($360k) and The Jp4 Foundation ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $26k (7.0% of expenses). At year end it held assets of $1.5m against liabilities of $48k, net assets of $1.5m.