CSP Village Apartments

Analysis

CSP Village Apartments is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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, CSP Village Apartments reported income of $485k and spending of $487k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $485k (+11%), an average of +2.7% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CSP Village Apartments sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include St Francis Medical Center Foundation Inc ($485k), Habitat for Humanity International Inc ($485k) and Positive Outlook Housing Corp ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Other salaries and wages came to $114k. At year end it held assets of $932k against liabilities of $1.7m, net assets of -$776k.