Villa Licci

Analysis

Villa Licci is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2019, 7 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 (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, Villa Licci reported income of $139k and spending of $130k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $157k to $139k (-11%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Villa Licci sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Hagerstown Neighborhood Development Partnership Inc ($139k), Second Step Inc ($139k) and Volunteers of America Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $915k against liabilities of $657k, net assets of $257k.