Villa de Tularosa Senior Housing Inc

Analysis

Villa de Tularosa Senior Housing Inc is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in September 1984, 42 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 September 2023, Villa de Tularosa Senior Housing Inc reported income of $240k and spending of $236k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $156k to $240k (+54%), an average of +11% a year. The sharpest change came in the year to September 2022, when income rose by 67%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa de Tularosa Senior Housing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NM. Charities of a similar size with the same main cause include Junk ($240k), USA Swimming Inc ($240k) and Shadow Box Theatre Inc ($240k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 51% and program service revenue 19% of the total. Other salaries and wages came to $25. At year end it held assets of $820k against liabilities of $916k, net assets of -$96k.