Village Acquisition II

Analysis

Village Acquisition II is a registered charity in United States, based in Winnetka, CA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Village Acquisition II reported income of $83k and spending of $109k, spending 132% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $75k to $83k (+11%), an average of +3.5% a year. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Acquisition II sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($83k), Wisconsin Destination Imagination Inc ($83k) and Parent Booster USA Inc ($83k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $628k against liabilities of $449k, net assets of $179k.

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.