Woods of Crooked Creek Apartments Inc

Analysis

Woods of Crooked Creek Apartments Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, Woods of Crooked Creek Apartments Inc reported income of $150k and spending of $166k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $150k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 150% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Woods of Crooked Creek Apartments Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Regal Oaks Apartments Inc ($149k), J B Goldberg Bnai Brith Senior Citizens Tower Inc ($150k) and Louisville Housing Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. At year end it held assets of $1.6m against liabilities of $151k, net assets of $1.4m.

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.