Alexander Apartments of Plant City Inc

Analysis

Alexander Apartments of Plant City Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 1999, 27 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 (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, Alexander Apartments of Plant City Inc reported income of $142k and spending of $167k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $142k (-1.8%), an average of -0.4% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alexander Apartments of Plant City Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Orchard Housing Development Fund Company Inc ($142k), Brook View Gardens Inc ($142k) and Newfound Riseup Fund ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Other salaries and wages came to $21k. At year end it held assets of $646k against liabilities of $1.2m, net assets of -$508k.

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.