Hylton Point Apartments II Inc

Analysis

Hylton Point Apartments II Inc is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in September 2016, 10 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 June 2023, Hylton Point Apartments II Inc reported income of $684k and spending of $728k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $600k to $684k (+14%), an average of +3.3% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hylton Point Apartments II Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Harvey Ambulance Service Inc ($684k), Houston Esperanza ($684k) and Red River Dance and Performing Company ($684k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $201k. At year end it held assets of $2.2m against liabilities of $108k, net assets of $2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.