Talladega Presbyterian Apartments Inc

Analysis

Talladega Presbyterian Apartments Inc is a registered charity in United States, based in Talladega, AL. It received its IRS tax-exemption ruling in December 1985, 41 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 March 2024, Talladega Presbyterian Apartments Inc reported income of $539k and spending of $473k, spending 88% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $499k to $539k (+7.9%), an average of +1.9% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Talladega Presbyterian Apartments Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within AL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($539k), Nezer Yisroel Inc ($539k) and Boston Dance Alliance Inc ($538k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $634k against liabilities of $539k, net assets of $95k.