Calvary Apartments Inc

Analysis

Calvary Apartments Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1994, 32 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, Calvary Apartments Inc reported income of $424k and spending of $332k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $424k (+24%), an average of +5.5% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Calvary Apartments Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Society of American Military Engineers ($424k), John B Pierce Foundation ($424k) and North Park Theatre of Buffalo Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $1.5m against liabilities of $1.3m, net assets of $212k.