Muirfield Apartments
Analysis
Muirfield Apartments is a registered charity in United States, based in Rohnert Park, CA. It received its IRS tax-exemption ruling in March 1998, 28 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, Muirfield Apartments reported income of $204k and spending of $234k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $160k to $204k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 127% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Muirfield Apartments sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include WHV Foundation ($204k), Orchard Park Resources Inc ($204k) and Home Association Inc ($204k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $1.3m against liabilities of $2.6m, net assets of -$1.3m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 68%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| WHV Foundation | Columbus | $204k |
| Orchard Park Resources Inc | Wheeling | $204k |
| Home Association Inc | Tampa | $204k |
| DC Housing Solutions | Washington | $205k |