Garden Park Apartments Community a California Nonprofit Public Benefi

Analysis

Garden Park Apartments Community a California Nonprofit Public Benefi is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Garden Park Apartments Community a California Nonprofit Public Benefi reported income of $880k and spending of $1.1m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $778k to $880k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garden Park Apartments Community a California Nonprofit Public Benefi sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Sunset Legacy Foundation ($880k), Freedom Hunters ($881k) and Hoosier Families Inc ($880k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. At year end it held assets of $4.1m against liabilities of $4.7m, net assets of -$577k.

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.