Duck River Apartments Inc

Analysis

Duck River Apartments Inc is a registered charity in United States, based in Hohenwald, TN. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Duck River Apartments Inc reported income of $162k and spending of $180k, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $141k to $162k (+15%), an average of +2.9% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Duck River Apartments Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Step of Faith Outreach Inc ($162k), Global Cities Group ($162k) and Philomathean Charity Club Inc ($162k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $36k. At year end it held assets of $487k against liabilities of $66k, net assets of $421k. It reported 5 employees.

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.