Village Center For Care Fund
Village Center For Care Fund consistently reports no officer compensation amidst fluctuating revenues and stable asset base.
EIN: 133471553 · New York, NY · NTEE: T70Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| Net Assets | $3.4M |
| Transparency Score | 90/100 |
Is Village Center For Care Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Village Center For Care Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Village Center For Care Fund
Village Center For Care Fund (EIN: 133471553) is a nonprofit organization based in New York, NY, classified under NTEE code T70Z. The organization reported total revenue of $2.7M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Center For Care Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Village Center For Care Fund is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$38K |
| Total Assets | $3.5M |
| Total Liabilities | $166K |
| Net Assets | $3.4M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 25.7 months |
Financial Health Grade: A
In 2023, Village Center For Care Fund reported a surplus of $38K with revenue exceeding expenses, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Village Center For Care Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.7% | -12.6% | +10.2% |
| 2022 | +10.2% | +29.8% | -53.9% |
| 2021 | -44.7% | -40.4% | +30.9% |
| 2020 | +249.0% | +236.9% | +101.0% |
| 2019 | +33.6% | -48.6% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Village Center For Care Fund with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Village Center For Care Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly commendable and indicates that no funds are being diverted to pay officers, allowing more resources to be directed towards the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Village Center For Care Fund's IRS 990 filings:
- Significant fluctuations in annual revenue, from $3,353,936 in 2020 to $1,682,730 in 2023, could indicate reliance on variable funding or inconsistent fundraising efforts.
Strengths
The following positive indicators were identified for Village Center For Care Fund:
- Consistent reporting of 0% officer compensation across all filings, demonstrating strong financial stewardship and commitment to mission.
- Assets consistently exceed liabilities, indicating a strong balance sheet and financial health (e.g., $3,528,839 assets vs. $166,494 liabilities in 2023).
- Generally positive net income in recent years, showing effective expense management relative to revenue (e.g., $1,682,730 revenue vs. $1,644,562 expenses in 2023).
- Extensive filing history (13 filings) provides good transparency and allows for detailed trend analysis.
Frequently Asked Questions about Village Center For Care Fund
Is Village Center For Care Fund a legitimate charity?
Village Center For Care Fund (EIN: 133471553) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Village Center For Care Fund spend its money?
Village Center For Care Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Village Center For Care Fund tax-deductible?
Village Center For Care Fund is registered as a tax-exempt nonprofit (EIN: 133471553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Village Center For Care Fund's spending goes to programs?
Village Center For Care Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Village Center For Care Fund compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Village Center For Care Fund is above average for NTEE category T70Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Village Center For Care Fund located?
Village Center For Care Fund is headquartered in New York, New York and files with the IRS under EIN 133471553. It is classified under NTEE code T70Z.
How many years of IRS 990 filings does Village Center For Care Fund have?
Village Center For Care Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.7M in total revenue.
Is Village Center For Care Fund financially stable?
Yes, the organization appears financially stable, consistently maintaining assets significantly higher than liabilities (e.g., $3,528,839 in assets vs. $166,494 in liabilities in 2023) and generally operating with positive net income in recent years.
How does Village Center For Care Fund manage executive compensation?
The Village Center For Care Fund reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers.
What are the trends in the organization's revenue?
Revenue has fluctuated, peaking at $3,353,936 in 2020 and decreasing to $1,682,730 in 2023, suggesting variability in funding sources or fundraising success over time.
Is the organization efficient in its spending?
Based on the consistent positive net income and 0% officer compensation, the organization appears to be efficient in managing its expenses relative to its income, ensuring funds are available for its mission.
Filing History
IRS 990 filing history for Village Center For Care Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Village Center For Care Fund's revenue has grown by 255%, moving from $474K to $1.7M. Total assets increased by 327.2% over the same period, from $826K to $3.5M. Total functional expenses rose by 295.2%, from $416K to $1.6M. In its most recent filing year (2023), Village Center For Care Fund reported a surplus of $38K, with revenue exceeding expenses. The organization holds $166K in liabilities against $3.5M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $3.5M | $166K | — | — |
| 2022 | $2.0M | $1.9M | $3.2M | $0 | — | View 990 |
| 2021 | $1.9M | $1.4M | $6.9M | $3.7M | — | View 990 |
| 2020 | $3.4M | $2.4M | $5.3M | $2.3M | — | View 990 |
| 2019 | $961K | $721K | $2.6M | $618K | — | View 990 |
| 2018 | $719K | $1.4M | $2.7M | $1.0M | — | View 990 |
| 2017 | $506K | $978K | $2.9M | $430K | — | View 990 |
| 2016 | $583K | $702K | $3.1M | $211K | — | View 990 |
| 2015 | $517K | $895K | $3.0M | $73K | — | View 990 |
| 2014 | $455K | $466K | $3.5M | $94K | — | View 990 |
| 2013 | $2.3M | $292K | $3.4M | $28K | — | View 990 |
| 2012 | $843K | $348K | $1.4M | $68K | — | View 990 |
| 2011 | $474K | $416K | $826K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $3.5M (revenue -17.7% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.9M, and assets of $3.2M (revenue +10.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.4M, and assets of $6.9M (revenue -44.7% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.4M, and assets of $5.3M (revenue +249.0% year-over-year).
- 2019: Revenue of $961K, expenses of $721K, and assets of $2.6M (revenue +33.6% year-over-year).
- 2018: Revenue of $719K, expenses of $1.4M, and assets of $2.7M (revenue +42.2% year-over-year).
- 2017: Revenue of $506K, expenses of $978K, and assets of $2.9M (revenue -13.3% year-over-year).
- 2016: Revenue of $583K, expenses of $702K, and assets of $3.1M (revenue +12.9% year-over-year).
- 2015: Revenue of $517K, expenses of $895K, and assets of $3.0M (revenue +13.4% year-over-year).
- 2014: Revenue of $455K, expenses of $466K, and assets of $3.5M (revenue -80.6% year-over-year).
- 2013: Revenue of $2.3M, expenses of $292K, and assets of $3.4M (revenue +178.2% year-over-year).
- 2012: Revenue of $843K, expenses of $348K, and assets of $1.4M (revenue +77.8% year-over-year).
- 2011: Revenue of $474K, expenses of $416K, and assets of $826K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Village Center For Care Fund:
Data Sources and Methodology
This transparency report for Village Center For Care Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.