Fowler Christian Apartments II

Analysis

Fowler Christian Apartments II is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 1951, 75 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fowler Christian Apartments II reported income of $221k and spending of $609k, spending 276% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $221k (+3.6%), an average of +0.9% a year. Over the whole period it spent 156% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fowler Christian Apartments II sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Railways to Yesterday Inc ($221k), Senior Friendship Site ($221k) and Kiva Parents and Teachers Organization ($221k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $974k against liabilities of $504k, net assets of $469k.

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.