Afiya Apartments Inc

Analysis

Afiya Apartments Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in May 2009, 17 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 2023, Afiya Apartments Inc reported income of $132k and spending of $200k, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $135k to $132k (-2.7%), an average of -0.7% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Afiya Apartments Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OR. Charities of a similar size with the same main cause include Housing Services Inc ($132k), Ramona Estates Inc ($132k) and Transitions DMC Inc ($132k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $2.3m against liabilities of $274k, net assets of $2.0m.

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.