Little River Property Management Inc
Analysis
Little River Property Management Inc is a registered charity in United States, based in Carrollton, GA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Little River Property Management Inc reported income of $1.7m and spending of $2.2m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $269k to $1.7m (+533%), an average of +59% a year. The sharpest change came in the year to June 2021, when income rose by 2850%. Over the whole period it spent 50% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Little River Property Management Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Mayflower Gardens II ($1.7m), Nation of Equality Alliance Corp ($1.7m) and Pinellas Affordable Living Inc ($1.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $7.9m against liabilities of $600k, net assets of $7.3m.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 57%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mayflower Gardens II | Long Beach | $1.7m |
| Nation of Equality Alliance Corp | Palmdale | $1.7m |
| Pinellas Affordable Living Inc | St Petersburg | $1.7m |
| Chatham Gardens Housing Corporation | Rochester | $1.7m |