Dogwood Manor Apartment Inc

Analysis

Dogwood Manor Apartment Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in December 2012, 14 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 2024, Dogwood Manor Apartment Inc reported income of $180k and spending of $224k, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $119k to $180k (+52%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 155% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dogwood Manor Apartment Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Foundation for Quality Housing Opportunities ($180k), Ashtabula County Community Housing Development Organization Inc ($180k) and Cortland Affordable Senior Housing Inc ($180k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 53% of the total. At year end it held assets of $2.5m against liabilities of $74k, net assets of $2.4m.

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.