Coursey Station Apartments Inc

Analysis

Coursey Station Apartments Inc is a registered charity in United States, based in Timonium, MD. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Coursey Station Apartments Inc reported income of $761k and spending of $819k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $764k to $761k (-0.3%), an average of -0.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coursey Station Apartments Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Hebrew Health Care Foundation Inc ($761k), Community Homes of Bismarck Inc ($761k) and Woodstock Guild of Craftsmen Inc ($761k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $140k. At year end it held assets of $2.5m against liabilities of $4.1m, net assets of -$1.5m.