Mueller Apartments Inc

Analysis

Mueller Apartments Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in April 1978, 48 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 June 2023, Mueller Apartments Inc reported income of $1.4m and spending of $1.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+19%), an average of +4.5% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mueller Apartments Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Northeastern Oklahoma A&m College Development Foundation Inc ($1.4m), The Moaa Foundation ($1.4m) and Boy Scouts of America ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $46k. At year end it held assets of $2.8m against liabilities of $72k, net assets of $2.7m.