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Little River Property Management Inc

RegisteredEIN 45-3563785Carrollton, GAHousing and shelter
Income$1.7m2023-06
Spending$2.2msame year
Spent / received50%5-year average
Size in its cause80th pctHousing and shelter
Exempt since2018Publicly supported organisat
Employees0latest return

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

$0$2.1m$4.1m$6.2m$8.2m2019 Income: $268,7122019 Spending: $340,33120192020 Income: $278,8292020 Spending: $261,06920202021 Income: $8,224,5142021 Spending: $1,695,91220212022 Income: $2,033,3012022 Spending: $1,856,37520222023 Income: $1,700,5162023 Spending: $2,152,7122023
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Program services 57%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Mayflower Gardens IILong Beach$1.7m
Nation of Equality Alliance CorpPalmdale$1.7m
Pinellas Affordable Living IncSt Petersburg$1.7m
Chatham Gardens Housing CorporationRochester$1.7m