Flint Creek Apartments Inc

Analysis

Flint Creek Apartments Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in August 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 (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, Flint Creek Apartments Inc reported income of $92k and spending of $127k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $92k (-12%), an average of -3.0% a year. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Flint Creek Apartments Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within AR. Charities of a similar size with the same main cause include Appletree Housing Inc ($92k), Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc ($92k) and Redemption Housing Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 63% of the total. Other salaries and wages came to $11k. At year end it held assets of $513k against liabilities of $37k, net assets of $475k.

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.