Liberty Hill Apartments Inc

Analysis

Liberty Hill Apartments Inc is a registered charity in United States, based in Dubois, PA. It received its IRS tax-exemption ruling in July 1996, 30 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, Liberty Hill Apartments Inc reported income of $117k and spending of $129k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $106k to $117k (+11%), an average of +2.7% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Liberty Hill Apartments Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include New Vision Residential Services Inc ($117k), The Stration Area Foundation I ($117k) and Ric Shelby Apartments Inc ($117k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $521k against liabilities of $682k, net assets of -$161k.

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.