K P C Apartments Inc

Analysis

K P C Apartments Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in November 1988, 38 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, K P C Apartments Inc reported income of $413k and spending of $445k, spending 108% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $466k to $413k (-11%), an average of -3.0% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, K P C Apartments Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within MS. Charities of a similar size with the same main cause include House of James ($413k), Carillon Foundation Inc ($413k) and Rejuvenated Life Inc ($412k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $1.2m against liabilities of $2.1m, net assets of -$922k. It reported 4 employees.