Francies Place Apartments Inc

Analysis

Francies Place Apartments Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Francies Place Apartments Inc reported income of $248k and spending of $224k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $236k to $248k (+4.9%), an average of +1.2% 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, Francies Place 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 58th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Overseas Press Club Foundation ($248k), Little League Baseball Inc ($248k) and Central Area Betterment Association ($248k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $43k. At year end it held assets of $219k against liabilities of $202k, net assets of $17k.