Fellowship Apartments Inc

Analysis

Fellowship Apartments Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in January 1994, 32 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, Fellowship Apartments Inc reported income of $97k and spending of $104k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $99k to $97k (-1.7%), an average of -1.7% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fellowship Apartments Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within NH. Charities of a similar size with the same main cause include Maxcen Housing Society Puerto Rico Branch Inc ($97k), Affordable Housing of Bloomington Inc ($98k) and Maxcen Housing Society Pennsylvania Branch Inc ($97k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 36% of the total. At year end it held assets of $476k against liabilities of $454k, net assets of $21k.