Ozark Meadow Apartments Inc

Analysis

Ozark Meadow Apartments Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in May 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ozark Meadow Apartments Inc reported income of $97k and spending of $131k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $111k to $97k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ozark Meadow Apartments Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within AR. Charities of a similar size with the same main cause include House a Vet Inc ($97k), Genesis II Apartments Inc ($97k) and Dignity in Asylum Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 54% of the total. Other salaries and wages came to $15k. At year end it held assets of $451k against liabilities of $30k, net assets of $421k.