Etl Apartments Inc

Analysis

Etl Apartments Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 2001, 25 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 December 2023, Etl Apartments Inc reported income of $63k and spending of $60k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $63k (+29%), an average of +6.5% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Etl Apartments Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within KY. Charities of a similar size with the same main cause include Camden 2011 Supportive Housing Inc ($63k), Oconor Homes Incorporated ($63k) and Harbor Lights Housing ($63k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $393k against liabilities of $83k, net assets of $310k.