Central Christian Church Apartments Inc

Analysis

Central Christian Church Apartments Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in November 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Central Christian Church Apartments Inc reported income of $926k and spending of $873k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $857k to $926k (+8.1%), an average of +2.0% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Christian Church Apartments Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Your Neighborhood Connection LLC ($925k), Family Connection Inc ($926k) and NXG Youth Motorsports Inc ($925k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $252k. At year end it held assets of $1.2m against liabilities of $1.9m, net assets of -$684k. It reported 14 employees.