McCalls Apartments Inc

Analysis

McCalls Apartments Inc is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, McCalls Apartments Inc reported income of $102k and spending of $121k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $90k to $102k (+13%), an average of +4.3% a year. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McCalls Apartments Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within OK. Charities of a similar size with the same main cause include Accenture Charitable Trust Inc ($102k), Because People Matter ($102k) and Central Virginia Farm Workers Initiative Inc ($102k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $16k. At year end it held assets of $181k against liabilities of $783k, net assets of -$602k. It reported 1 employees.

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.