Family Apartments

Analysis

Family Apartments is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in October 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Apartments reported income of $401k and spending of $445k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $368k to $401k (+9.1%), an average of +2.9% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Apartments sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Bleeding Disorders Association of South Carolina ($401k), Friendship House North Two Inc ($401k) and Brentwood 202 Senior Housing Inc ($401k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $63k. At year end it held assets of $1.3m against liabilities of $2.6m, net assets of -$1.4m.