Villa Agave Corporation

Analysis

Villa Agave Corporation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1983, 43 years ago. 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 September 2023, Villa Agave Corporation reported income of $101k and spending of $81k, spending 80% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $65k to $101k (+55%), an average of +55% a year. The sharpest change came in the year to September 2023, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Agave Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within AZ. Charities of a similar size with the same main cause include Supreme Court of Missouri Historical Society ($101k), Black River Falls Figure Skating Club Inc ($101k) and Blue Valley High School Parent Teacher Organization Inc ($101k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $142k against liabilities of $563k, net assets of -$421k.