Lynx Crossing Apartments Inc

Analysis

Lynx Crossing Apartments Inc is a registered charity in United States, based in Sapulpa, OK. It received its IRS tax-exemption ruling in September 2019, 7 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 (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, Lynx Crossing Apartments Inc reported income of $464k and spending of $534k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $517k to $464k (-10%), an average of -3.6% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lynx Crossing Apartments Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Coalition for Safe Affordable Housing ($464k), Newell Retirement Apartments ($464k) and United Church Residences of North Lewisburg Ohio Inc ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $60k. At year end it held assets of $1.9m against liabilities of $2.1m, net assets of -$202k. It reported 2 employees.