Church Street Apartments

Analysis

Church Street Apartments is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Church Street Apartments reported income of $68k and spending of $94k, spending 139% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $64k to $68k (+6.1%), an average of +1.5% a year. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Church Street Apartments sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within MS. Charities of a similar size with the same main cause include PTA Georgia Congress ($68k), Fillmore Athletic Booster Club Inc ($68k) and St Charles Park Foundation ($68k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $4,442. At year end it held assets of $460k against liabilities of $16k, net assets of $444k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.