Mt Zion a M E Apartments Inc II

Analysis

Mt Zion a M E Apartments Inc II is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in April 2005, 21 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, Mt Zion a M E Apartments Inc II reported income of $392k and spending of $385k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $392k (+15%), an average of +3.5% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mt Zion a M E Apartments Inc II sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include Rivertown Housing Development Fund Company Inc ($392k), Long Island Family & Elder Care ($392k) and Wyandot Senior Village Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $317k against liabilities of $32k, net assets of $286k.