E D Nixon Apartments Inc

Analysis

E D Nixon Apartments Inc is a registered charity in United States, based in Tuskegee Inst, AL. It received its IRS tax-exemption ruling in October 1983, 43 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 February 2024, E D Nixon Apartments Inc reported income of $411k and spending of $381k, spending 93% of its income. Across the 4 years on record, from February 2020 to February 2024, income grew from $372k to $411k (+11%), an average of +3.4% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, E D Nixon Apartments Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Jamison Museum Association Inc ($411k), Hawaii Alliance for Community-Based Economic Development ($411k) and Optimist Club Foundation of Bazetta -Cortland Ohio Inc ($411k).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $105k. At year end it held assets of $1.2m against liabilities of $1.5m, net assets of -$315k.