Village Pointe RHF Inc

Analysis

Village Pointe RHF Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending January 2024, Village Pointe RHF Inc reported income of $496k and spending of $580k, spending 117% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $388k to $496k (+28%), an average of +6.3% a year. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Pointe RHF 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 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Piegan Institute ($496k), Boys and Girls Club of Stanton ($496k) and Ramona Junior Fair Incorporated ($496k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 50% and program service revenue 46% of the total. At year end it held assets of $2.4m against liabilities of $4.0m, net assets of -$1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.