F W Residential Properties Inc
Analysis
F W Residential Properties Inc is a registered charity in United States, based in W Frankfort, IL. It received its IRS tax-exemption ruling in April 2004, 22 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 June 2024, F W Residential Properties Inc reported income of $104k and spending of $108k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $108k to $104k (-4.1%), an average of -1.0% a year. Over the whole period it spent 95% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, F W Residential Properties Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Apple Grove Homes II Inc ($104k), Luxora Garden Apartments Inc ($104k) and Handmaiden House ($104k).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $1.3m against liabilities of $1.0m, net assets of $289k.
Income and spending
Where the income comes from
- Program services 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Apple Grove Homes II Inc | Lisbon | $104k |
| Luxora Garden Apartments Inc | Osceola | $104k |
| Handmaiden House | Cairo | $104k |
| Urban Suburban Affordables Inc | Hartford | $104k |