PVCDC St Andrews Apartments

Analysis

PVCDC St Andrews Apartments is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in November 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, PVCDC St Andrews Apartments reported income of $99k and spending of $130k, spending 132% of what it took in. Across the 6 years on record, from August 2018 to August 2023, income fell from $100k to $99k (-1.0%), an average of -0.2% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, PVCDC St Andrews Apartments sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within NM. Charities of a similar size with the same main cause include 1213 William Street Corporation ($99k), Maxcen Housing Society Inc Virginia Branch ($99k) and Mission I 6 8 ($99k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.7m against liabilities of $2.1m, net assets of -$419k.