Seasons Village Inc

Analysis

Seasons Village Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Seasons Village Inc reported income of $108k and spending of $112k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $523k to $108k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seasons Village Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Renmen Foundation Inc ($108k), Fairfield Community Center Inc ($108k) and Priest Lake Food Bank Corp ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $52k (47% of expenses). Other salaries and wages came to $1,000. At year end it held assets of $621k against liabilities of $13k, net assets of $608k. It reported 1 employees.