Dupont Park Adventist Apartments Inc

Analysis

Dupont Park Adventist Apartments Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1996, 30 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, Dupont Park Adventist Apartments Inc reported income of $685k and spending of $744k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $602k to $685k (+14%), an average of +3.3% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dupont Park Adventist Apartments Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Aspen Park Inc ($685k), Habitat for Humanitity Internationa L Inc ($685k) and Compassion Residio Services Inc ($684k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $2.4m against liabilities of $48k, net assets of $2.3m. It reported 5 employees.

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.