Peaceful Chateau Apartments Inc

Analysis

Peaceful Chateau Apartments Inc is a registered charity in United States, based in Mamou, LA. It received its IRS tax-exemption ruling in January 1996, 30 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 June 2024, Peaceful Chateau Apartments Inc reported income of $200k and spending of $231k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $194k to $200k (+3.3%), an average of +0.8% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peaceful Chateau Apartments Inc 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 52nd percentile within LA. Charities of a similar size with the same main cause include Trans Housing Atlanta Inc ($200k), Hope Avenue Twin Cities ($200k) and Housing Solutions Inc ($200k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $637k against liabilities of $27k, net assets of $611k.

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.