Nowata Garden Apartments of Chickasha Oklahoma Inc

Analysis

Nowata Garden Apartments of Chickasha Oklahoma Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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 July 2024, Nowata Garden Apartments of Chickasha Oklahoma Inc reported income of $977k and spending of $944k, spending 97% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $889k to $977k (+9.9%), an average of +1.9% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nowata Garden Apartments of Chickasha Oklahoma Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include St Joseph Housing Corporation ($977k), Noble County Council on Aging Inc ($977k) and International Neuropsychological ($977k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $218k. At year end it held assets of $985k against liabilities of $2.6m, net assets of -$1.6m.