E I H McClelland Avenue Apartments Inc

Analysis

E I H McClelland Avenue Apartments Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, E I H McClelland Avenue Apartments Inc reported income of $157k and spending of $157k, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $116k to $157k (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, E I H McClelland Avenue Apartments Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include The Seven Project Inc ($157k), Cache County Sub for Santa ($157k) and The Power House Alliance Inc ($157k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $460k against liabilities of $235k, net assets of $226k.