Sayre Christian Village Apts II Inc

Analysis

Sayre Christian Village Apts II Inc is a registered charity in United States, based in Lexington, KY. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Sayre Christian Village Apts II Inc reported income of $428k and spending of $431k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $396k to $428k (+8.0%), an average of +1.9% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sayre Christian Village Apts II Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Bonner County Homeless Task Force ($427k), Malone Community Center Housing Corporation ($428k) and National Hispanic Council on Aging Housing of Dist of Columbia Inc ($427k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Other salaries and wages came to $35k. At year end it held assets of $3.4m against liabilities of $2.6m, net assets of $865k. It reported 2 employees.