Charity Search / COMMUNITY APARTMENTS CORPORATION OF CUMBERLAND COUNTY 2
Housing & Shelter (L20) 990 on File

COMMUNITY APARTMENTS CORPORATION OF CUMBERLAND COUNTY 2

EIN: 56-1847182 · RALEIGH, NC 27609-7887 · United States · FY 2025 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 10/18/2026
Claim this Charity
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$74K
Total Revenue
$89K
Total Expenses
$-442,545
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.3%
Fundraising Efficiency N/A
Operating Reserve -59.67x
Liability-to-Asset 242.0%
Revenue Diversification 50.6%
Compared with Peers
FY 2025
Compared with 1,339 similar organizations (United States, Housing & Shelter, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
84.3% 84.1%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
-59.7 mo 32.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
242.0% 2.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
50.6% 99.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
9.4% 0.0%
P10P90
Expense growth
Year over year expense growth
-3.9% 0.0%
P10P90
Surplus margin
Surplus as a share of revenue
-20.4% 9.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $74K $89K $-442,545 84.3% —
2024 $68K $93K $-427,452 85.7% —
2023 $58K $69K $-402,356 83.0% —
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
56-1847182
State
NC
City
RALEIGH
ZIP
27609-7887
Classification
L20
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search