Thomas Campbell Apartments Inc

Analysis

Thomas Campbell Apartments Inc is a registered charity in United States, based in Washington, PA. It received its IRS tax-exemption ruling in July 1951, 75 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thomas Campbell Apartments Inc reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $939k to $1.5m (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thomas Campbell Apartments Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include 607 Concord Avenue Housing Development Fund Corporation ($1.5m), Freehold Area Open Door Inc ($1.5m) and Community Housing Coalition of Madison County Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 85% of the total. Other salaries and wages came to $122k. At year end it held assets of $4.9m against liabilities of $2.2m, net assets of $2.7m.