Apex Transitional Housing

Analysis

Apex Transitional Housing is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apex Transitional Housing reported income of $4.4m and spending of $3.2m, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $141k to $4.4m (+3038%), an average of +460% a year. The sharpest change came in the year to December 2022, when income rose by 1607%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Apex Transitional Housing sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Health and Hope Clinic Inc ($4.4m), Newport Bickford Inc ($4.4m) and Mountain Shadows Ancillary Servicesinc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $895k (28% of expenses). Other salaries and wages came to $710k. At year end it held assets of $2.0m against liabilities of $7,312, net assets of $2.0m. It reported 39 employees.