Key Manor Apartments Inc

Analysis

Key Manor Apartments Inc is a registered charity in United States, based in Lecanto, FL. It received its IRS tax-exemption ruling in April 1990, 36 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 June 2023, Key Manor Apartments Inc reported income of $57k and spending of $73k, spending 129% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $53k to $57k (+7.6%), an average of +7.6% a year. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Key Manor 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 22nd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include United Way Foundation of Hancock County Inc ($57k), Georgia Extension 4-H Foundation ($57k) and California Federation of Womens Clubs ($57k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184k against liabilities of $6,346, net assets of $178k.