Sandwood Apartments Inc

Analysis

Sandwood Apartments Inc is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in September 1990, 36 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, Sandwood Apartments Inc reported income of $141k and spending of $122k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $134k to $141k (+4.9%), an average of +4.9% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sandwood Apartments Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Washington Place Inc ($141k), Coleman House Inc ($141k) and Greenlawn-Centerport Historical Association ($141k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $133k against liabilities of $231k, net assets of -$97k.