Roman Eagle Properties Inc

Analysis

Roman Eagle Properties Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in August 1983, 43 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, Roman Eagle Properties Inc reported income of $312k and spending of $283k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $312k (+5.3%), an average of +1.3% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roman Eagle Properties Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Los Robles Apartments Inc a Ca Nonprofit Public Benefit Corp ($312k), Havens Incorporated ($312k) and Knox County Rural Housing Finance Corporation ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $46k (16% of expenses). At year end it held assets of $513k against liabilities of $984k, net assets of -$470k. It reported 2 employees.