Cedar Court Apartments

Analysis

Cedar Court Apartments is a registered charity in United States, based in Medford, WI. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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 February 2024, Cedar Court Apartments reported income of $239k and spending of $157k, leaving 34% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income grew from $232k to $239k (+2.9%), an average of +0.7% a year. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Court Apartments 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 57th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Metropolitan Community Services Inc ($239k), Little League Baseball Inc ($239k) and Environmental Park Trust of ($239k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 52% and program service revenue 44% of the total. At year end it held assets of $713k against liabilities of $227k, net assets of $486k.