Baldwin Retirement Apartment Complex Inc

Analysis

Baldwin Retirement Apartment Complex Inc is a registered charity in United States, based in Baldwin City, KS. It received its IRS tax-exemption ruling in July 2017, 9 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 December 2023, Baldwin Retirement Apartment Complex Inc reported income of $545k and spending of $316k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $545k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baldwin Retirement Apartment Complex Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within KS. Charities of a similar size with the same main cause include Gift of Mary ($545k), Club Dust Inc ($545k) and Monterey County Housing Inc ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $38k (12% of expenses). Other salaries and wages came to $80k. At year end it held assets of $1.4m against liabilities of $316k, net assets of $1.1m. It reported 7 employees.