Aiken Apartments Inc

Analysis

Aiken Apartments Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in April 1989, 37 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 June 2024, Aiken Apartments Inc reported income of $161k and spending of $140k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $152k to $161k (+5.8%), an average of +5.8% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aiken Apartments Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include First Housing Services Incorporated ($161k), Friends of Sussex County Inc ($161k) and Cliff View Villages Inc ($161k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $115k against liabilities of $278k, net assets of -$163k.