Mt Pisgah Apartments Inc

Analysis

Mt Pisgah Apartments Inc is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in December 1999, 27 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 June 2024, Mt Pisgah Apartments Inc reported income of $586k and spending of $629k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $533k to $586k (+9.9%), an average of +2.4% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Pisgah Apartments Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Hillcrest Center ($586k), Los Alamitos High School Band Boosters Inc ($586k) and Casa Roble High School Ramsmen Inc ($586k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 20% of the total. Other salaries and wages came to $173k. At year end it held assets of $559k against liabilities of $40k, net assets of $520k.