Friendly Temple Apartments Inc

Analysis

Friendly Temple Apartments Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friendly Temple Apartments Inc reported income of $443k and spending of $562k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $437k to $443k (+1.2%), an average of +0.3% a year. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friendly Temple Apartments Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Refuge Ranch Inc ($443k), Et Cetera Shop Inc ($443k) and Andersons Emergency Kitchen Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.9m against liabilities of $4.8m, net assets of -$2.0m.

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.