Dowling Park Apartments Inc

Analysis

Dowling Park Apartments Inc is a registered charity in United States, based in Live Oak, FL. It received its IRS tax-exemption ruling in March 1980, 46 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 June 2023, Dowling Park Apartments Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.1m (+7.7%), an average of +1.9% 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, Dowling Park Apartments Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Native American Housing Services Inc ($1.1m), Serenity Pointe Inc ($1.1m) and Westhaven Orland Development ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $50k. At year end it held assets of $1.5m against liabilities of $2.4m, net assets of -$880k. It reported 5 employees.