Apostolic Christian Congregate Apartments Inc

Analysis

Apostolic Christian Congregate Apartments Inc is a registered charity in United States, based in Gridley, IL. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 December 2023, Apostolic Christian Congregate Apartments Inc reported income of $67k and spending of $44k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $67k (-3.5%), an average of -3.5% a year. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apostolic Christian Congregate Apartments Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Orthodox Christian Academy of Atlanta Inc ($67k), California Senior & Adult Servicesinc ($67k) and Ghent District Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $164k against liabilities of $99k, net assets of $65k.