Twin Oaks Apartments Inc

Analysis

Twin Oaks Apartments Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in July 1993, 33 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, Twin Oaks Apartments Inc reported income of $131k and spending of $143k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $131k (+1.9%), an average of +1.9% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Twin Oaks Apartments Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AR. Charities of a similar size with the same main cause include Homeless Coalition of Cherokee County ($131k), Cookson Hills Properties Inc ($131k) and Plan Homes Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. At year end it held assets of $317k against liabilities of $12k, net assets of $305k.