Meadows Apartment Ownership Inc

Analysis

Meadows Apartment Ownership Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1994, 32 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, Meadows Apartment Ownership Inc reported income of $384k and spending of $391k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $384k (+0.5%), an average of +0.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meadows Apartment Ownership Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Mother of Hope Camp ($384k), The Amherst Soccer Club ($384k) and Cha-Certified Horsemanship Association Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $784k against liabilities of $698k, net assets of $86k.