Renegar Apartments Inc

Analysis

Renegar Apartments Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Renegar Apartments Inc reported income of $110k and spending of $111k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $110k (+3.3%), an average of +3.3% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Renegar 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 39th percentile, and in the 38th percentile within AR. Charities of a similar size with the same main cause include Housing and Land Enterprise of Hawaii County ($110k), Villa Apartments Housing Foundation ($110k) and Westminster Village Residents Trust Fund ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. At year end it held assets of $311k against liabilities of $11k, net assets of $301k.