Danas Garden Apartments

Analysis

Danas Garden Apartments is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, Danas Garden Apartments reported income of $115k and spending of $154k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $115k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 144% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Danas Garden Apartments sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OK. Charities of a similar size with the same main cause include Crown Point Villas Inc ($115k), The Naomi Project Inc ($115k) and Bridge Point Senior Village Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 46% of the total. Other salaries and wages came to $11k. At year end it held assets of $658k against liabilities of $1.4m, net assets of -$695k. It reported 4 employees.

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.