Community Improvement (S47)

AREA III PROPERTIES INC

EIN: 35-2143576 · FORT WAYNE, IN 46804 · United States · FY 2023 Data

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Financial Overview — FY 2023

$618K

Total Revenue

$597K

Total Expenses

$719K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 100.0%

Fundraising Efficiency 0.0%

Operating Reserve 14.47x

Liability-to-Asset 88.5%

Revenue Diversification 99.8%

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2023	$618K	$597K	$719K	100.0%
2022	$596K	$595K	N/A	—
2021	$596K	$461K	N/A	—

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Organization Details

EIN: 35-2143576
State: IN
City: FORT WAYNE
ZIP: 46804
Classification: S47
Category: Community Improvement
Last Updated: Oct 2025

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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