Miramar Manor Apartments Housing Corporation

Analysis

Miramar Manor Apartments Housing Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1997, 29 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, Miramar Manor Apartments Housing Corporation reported income of $151k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $151k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 0.4% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Miramar Manor Apartments Housing Corporation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Freedom Gardens for the Handicapped Inc ($151k), Hogar Padre Venard Inc ($151k) and The Refuge Homeless Shelter of Lapeer County ($151k).

At year end it held assets of $4.6m against liabilities of $1,800, net assets of $4.6m.