Hubert Apartments Inc

Analysis

Hubert Apartments Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hubert Apartments Inc reported income of $139k and spending of $149k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $140k to $139k (-0.7%), an average of -0.2% a year. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hubert Apartments Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Brunswick Novant Medical Center Foundation ($139k), Hole in Wall Inc ($139k) and On Our Own of St Marys Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $20k. At year end it held assets of $458k against liabilities of $1.1m, net assets of -$633k.

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.