The Village Green of Cashiers Inc

Analysis

The Village Green of Cashiers Inc is a registered charity in United States, based in Cashiers, NC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, The Village Green of Cashiers Inc reported income of $1.9m and spending of $650k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $830k to $1.9m (+124%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 155%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Village Green of Cashiers Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Michigan Hawks Soccer Club ($1.9m), First Tee Greater Charleston ($1.9m) and Blaine Youth Hockey Association ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $57k (8.8% of expenses). Other salaries and wages came to $48k. At year end it held assets of $7.4m against liabilities of $315k, net assets of $7.1m. It reported 4 employees.