Peoria Place Apartments

Analysis

Peoria Place Apartments is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peoria Place Apartments reported income of $174k and spending of $141k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $174k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peoria Place Apartments sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Seabury Residents Association Inc ($174k), Home Team Valpo Inc ($174k) and Tampa Housing Funding Corporation ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 27% of the total. At year end it held assets of $389k against liabilities of $64k, net assets of $326k.