Villa Esperanza Services

Analysis

Villa Esperanza Services is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in March 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Villa Esperanza Services reported income of $18.2m and spending of $16.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.2m to $18.2m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Villa Esperanza Services 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 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Morris College ($18.2m), Lexington Christian Academy Inc ($18.2m) and P E O Foundation ($18.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $817k (5.1% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $38.5m against liabilities of $3.5m, net assets of $35.0m. It reported 385 employees.