Shepard Apartments Inc

Analysis

Shepard Apartments Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in March 1999, 27 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, Shepard Apartments Inc reported income of $67k and spending of $113k, spending 167% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $59k to $67k (+15%), an average of +15% a year. Over the whole period it spent 157% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shepard Apartments Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within OR. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($67k), Oldetowne Homes Inc ($67k) and Project Cool Breeze ($67k).

On its Form 990-EZ 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 $140k against liabilities of $10k, net assets of $130k.