Northwest Apartments Inc of Weakley County TN

Analysis

Northwest Apartments Inc of Weakley County TN is a registered charity in United States, based in Martin, TN. It received its IRS tax-exemption ruling in September 1987, 39 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, Northwest Apartments Inc of Weakley County TN reported income of $178k and spending of $176k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $158k to $178k (+12%), an average of +2.3% a year. 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, Northwest Apartments Inc of Weakley County TN sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Korean Emmanuel United Methodist Church ($178k), Groton Historical Society ($178k) and Helping Hands of Cass County Inc ($178k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 36% of the total. Other salaries and wages came to $9,447. At year end it held assets of $284k against liabilities of $322k, net assets of -$38k.