J & J Apartments Inc

Analysis

J & J Apartments Inc is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in August 2001, 25 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, J & J Apartments Inc reported income of $202k and spending of $169k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $143k to $202k (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J & J Apartments Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Poetry Flash ($201k), Carnegie Free Library ($202k) and Highland County Historical Society Inc ($201k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 21% of the total. At year end it held assets of $904k against liabilities of $1.2m, net assets of -$271k.