Santas Community Apartments Inc

Analysis

Santas Community Apartments Inc is a registered charity in United States, based in Santa Claus, IN. It received its IRS tax-exemption ruling in April 1975, 51 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 March 2024, Santas Community Apartments Inc reported income of $142k and spending of $167k, spending 118% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income grew from $135k to $142k (+5.3%), an average of +5.3% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Santas Community Apartments Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Trinity Housing Services Inc ($142k), Mercy-Phs Senior Housing ($142k) and St Dominic Place Inc ($142k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $348k against liabilities of $429k, net assets of -$81k.