Henderson Village Corporation

Analysis

Henderson Village Corporation is a registered charity in United States, based in Cameron Park, CA. It received its IRS tax-exemption ruling in August 1989, 37 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 June 2023, Henderson Village Corporation reported income of $626k and spending of $656k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $449k to $626k (+39%), an average of +8.6% a year. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Henderson Village Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include His Hope Ministries Inc ($626k), Cascades Sonrise Development Corporation ($626k) and St Stephens Retirement Center Inc ($625k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.4m against liabilities of $1.6m, net assets of -$108k.

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.