Village at Glencliff

Analysis

Village at Glencliff is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Village at Glencliff reported income of $288k and spending of $490k, spending 170% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.0m to $288k (-85%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Village at Glencliff sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Dallas County Local Housing Trust Fund Inc ($288k), Independent Living Waipahu Inc ($288k) and Habersham Homeless Ministries Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $88k (18% of expenses). Other salaries and wages came to $92k. At year end it held assets of $1.2m against liabilities of $62k, net assets of $1.2m. It reported 3 employees.