River Heights Apartments Inc

Analysis

River Heights Apartments Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in September 1993, 33 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 November 2023, River Heights Apartments Inc reported income of $61k and spending of $79k, spending 129% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income fell from $66k to $61k (-7.9%), an average of -7.9% a year. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, River Heights Apartments Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within MS. Charities of a similar size with the same main cause include Croation Commissariat of the Third ($61k), Angel Beginnings Christian Learning Center Inc ($61k) and Park Rapids Education & Activities Foundation Incorporated ($61k).

On its Form 990-EZ for the period ending November 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $272k against liabilities of $28k, net assets of $244k.