Village Gallery of Arts

Analysis

Village Gallery of Arts is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 1966, 60 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 March 2024, Village Gallery of Arts reported income of $73k and spending of $71k, spending 97% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $61k to $73k (+20%), an average of +20% a year. The sharpest change came in the year to March 2024, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Gallery of Arts sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within OR. Charities of a similar size with the same main cause include Christopher Ricardo Cystic Fibrosis Foundation Inc ($73k), The Sneaker Project ($73k) and The United Way of Franklin County Association ($73k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.