Eaton Street Apartments

Analysis

Eaton Street Apartments is a registered charity in United States, based in Machias, ME. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Eaton Street Apartments reported income of $131k and spending of $152k, spending 116% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $131k to $131k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eaton Street Apartments sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 37th percentile within ME. Charities of a similar size with the same main cause include Sherlocks Homes Foundation Inc ($131k), Organize Sacramento ($131k) and Cookson Hills Properties Inc ($131k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $317k against liabilities of $6,871, net assets of $310k.