Village Institute Inc

Analysis

Village Institute Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Institute Inc reported income of $610k and spending of $1.2m, spending 201% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $871k to $610k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village Institute Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Life Recaptured Inc ($610k), Rise-Resource Information Support and Empowerment ($610k) and Peace Children Academy Inc ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $70k (5.7% of expenses). Other salaries and wages came to $511k. At year end it held assets of $1.4m against liabilities of $878k, net assets of $533k. It reported 18 employees.