East Haven Apartments Inc

Analysis

East Haven Apartments Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 1997, 29 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 September 2023, East Haven Apartments Inc reported income of $161k and spending of $166k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $155k to $161k (+4.3%), an average of +1.1% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Haven 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 49th percentile, and in the 51st percentile within MS. Charities of a similar size with the same main cause include Coppell Community Garden Corporation ($161k), Legacy of Legends CDC ($161k) and Immaculate Conception Developmentfoundation ($161k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $578k against liabilities of $13k, net assets of $565k.

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.