Assisi Homes-Batavia Apartments Inc

Analysis

Assisi Homes-Batavia Apartments Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1946, 80 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, Assisi Homes-Batavia Apartments Inc reported income of $4.0m and spending of $3.5m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.0m (+11%), an average of +2.6% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Assisi Homes-Batavia Apartments Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Housing Solutions of Northern Arizona Inc ($4.0m), Thorpe Housing Development Fund Company Inc ($4.0m) and Humanities Foundation Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $9.8m against liabilities of $10.4m, net assets of -$614k.