Park Hill Apartments Inc

Analysis

Park Hill Apartments Inc is a registered charity in United States, based in Union, MO. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Park Hill Apartments Inc reported income of $122k and spending of $128k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $95k to $122k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Park Hill Apartments Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Community Support Center ($122k), Down Syndrome Association of Wisconsin Inc ($122k) and Werner Cares Fund ($122k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $558k against liabilities of $896k, net assets of -$339k.

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.