Village Place

Analysis

Village Place is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 January 2024, Village Place reported income of $123k and spending of $118k, spending 96% of its income. Across the 2 years on record, from January 2023 to January 2024, income grew from $93k to $123k (+32%), an average of +32% a year. The sharpest change came in the year to January 2024, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Village Place sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within AR. Charities of a similar size with the same main cause include Clovis Mainstreet Inc ($123k), Main Street Canyon ($123k) and Rotary Club of Cooperville ($123k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.