Villa Maria Inc

Analysis

Villa Maria Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2017, 9 years ago. 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 Maria Inc reported income of $437k and spending of $466k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $437k (+9.8%), an average of +2.4% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Maria Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Friends of Writers Inc ($437k), Southland Academy Foundation Inc ($437k) and Harriet Tubman Foundation for Safe Passage ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. At year end it held assets of $1.7m against liabilities of $66k, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.