The Village Family Services Inc

Analysis

The Village Family Services Inc is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Village Family Services Inc reported income of $21.8m and spending of $19.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.1m to $21.8m (+14%), an average of +3.3% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Village Family Services Inc sits at the 97th percentile: it is larger than about 97% 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 Community Action Council of Lewis Mason and Thurston Counties ($21.8m), Capitol Lakes Inc ($21.8m) and New York Association on Independent Living ($21.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $710k (3.6% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $11.6m against liabilities of $4.8m, net assets of $6.9m. It reported 177 employees.