Williams Street Apartments Inc

Analysis

Williams Street Apartments Inc is a registered charity in United States, based in Jefferson City, MO. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Williams Street Apartments Inc reported income of $113k and spending of $122k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $84k to $113k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Williams Street Apartments Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MO. Charities of a similar size with the same main cause include Crown Housing Corporation ($113k), Black Rock-Riverside Neighborhood Housing Services Inc ($113k) and Help Me Care and Board ($113k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $16k. At year end it held assets of $912k against liabilities of $15k, net assets of $897k.