Lemmon Prairie Pine Apartments Inc

Analysis

Lemmon Prairie Pine Apartments Inc is a registered charity in United States, based in Lemmon, SD. It received its IRS tax-exemption ruling in September 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lemmon Prairie Pine Apartments Inc reported income of $79k and spending of $71k, spending 90% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $70k to $79k (+13%), an average of +13% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lemmon Prairie Pine Apartments Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within SD. Charities of a similar size with the same main cause include Givelove ($79k), Asi Golden Valley Inc ($79k) and Habitat for Humanity International Inc ($79k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. At year end it held assets of $301k against liabilities of $486k, net assets of -$185k.