Combs-Redfern Apartments Inc

Analysis

Combs-Redfern Apartments Inc is a registered charity in United States, based in Branson, MO. It received its IRS tax-exemption ruling in March 2013, 13 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Combs-Redfern Apartments Inc reported income of $75k and spending of $126k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $75k (+1.1%), an average of +0.3% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Combs-Redfern Apartments Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include Haven on Broad Inc ($75k), Haven of Hope Farm & Residence Inc ($75k) and Loretta Village II Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. At year end it held assets of $1.8m against liabilities of $2.2m, net assets of -$335k.

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.