Midway Apartments Inc

Analysis

Midway Apartments Inc is a registered charity in United States, based in Griffin, GA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2022, Midway Apartments Inc reported income of $322k and spending of $315k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $332k to $322k (-3.1%), an average of -1.0% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midway Apartments Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include Matthew House Inc ($322k), Americas Agenda Healthcare Education Fund ($322k) and Care Net Manasota Crisis Pregnancy Center Inc ($322k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $65k (21% of expenses). Other salaries and wages came to $111k. At year end it held assets of $375k against liabilities of $8,465, net assets of $366k. It reported 7 employees.