Clinton Hill Community Apartments

Analysis

Clinton Hill Community Apartments is a registered charity in United States, based in Irvington, NJ. It received its IRS tax-exemption ruling in June 1976, 50 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 December 2023, Clinton Hill Community Apartments reported income of $2.1m and spending of $2.5m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $2.1m (-17%), an average of -4.5% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clinton Hill Community Apartments sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Tuscan Brotherhood Homes II ($2.1m), National Community Stabilization Trust LLC ($2.1m) and Family Extended Care of Winter Haven Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $350k. At year end it held assets of $3.0m against liabilities of $2.4m, net assets of $573k.