Fairview Terrace Apartments Inc

Analysis

Fairview Terrace Apartments Inc is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in March 1995, 31 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 September 2023, Fairview Terrace Apartments Inc reported income of $75k and spending of $104k, spending 139% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $77k to $75k (-3.0%), an average of -3.0% a year. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fairview Terrace Apartments Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within ID. Charities of a similar size with the same main cause include New Visions Housing Corporation ($75k), Ferriday Haven Inc ($75k) and Community Alliance Housing Corporation VI ($75k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $380k against liabilities of $785k, net assets of -$405k.