Villa Anita Inc

Analysis

Villa Anita Inc is a registered charity in United States, based in Tecopa, CA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Villa Anita Inc reported income of $68k and spending of $95k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $68k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Villa Anita Inc 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 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Iowa Masonic Library and Museum Building Endownment Fund ($68k), Lafollia Austin Baroque ($68k) and Crisfield Arts & Entertainment District Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. At year end it held assets of $4,072 against liabilities of $0, net assets of $4,072.