Royal Pavilions of Creedmoor Inc

Analysis

Royal Pavilions of Creedmoor Inc is a registered charity in United States, based in Dunn, NC. It received its IRS tax-exemption ruling in December 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 December 2023, Royal Pavilions of Creedmoor Inc reported income of $261k and spending of $228k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $261k (+10%), an average of +2.4% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Royal Pavilions of Creedmoor Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Koinonia Homes Inc ($261k), Texas Low Income Housing Information Service ($261k) and Town Center Apartments Inc ($260k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $28k. At year end it held assets of $346k against liabilities of $940k, net assets of -$594k.