Meriwether Lewis Apartments Inc

Analysis

Meriwether Lewis Apartments Inc is a registered charity in United States, based in Hohenwald, TN. It received its IRS tax-exemption ruling in December 1984, 42 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, Meriwether Lewis Apartments Inc reported income of $119k and spending of $127k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $101k to $119k (+18%), an average of +3.4% a year. The sharpest change came in the year to June 2020, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meriwether Lewis Apartments Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include French International Program Association Inc ($119k), The Fuller Center for Housing Inc ($119k) and Milton Hershey School Alumni Assn ($119k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $44k. At year end it held assets of $133k against liabilities of $66k, net assets of $67k. It reported 2 employees.