Keuka Housing Council Inc

Analysis

Keuka Housing Council Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in April 1978, 48 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 August 2023, Keuka Housing Council Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.6m to $1.4m (-9.8%), an average of -2.5% a year. The sharpest change came in the year to August 2020, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Keuka Housing Council Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Louisville Housing Opportunities and Microenterprise Comm Dev Loan ($1.4m), Habitat for Humanity International Inc ($1.4m) and Freeport Housing Trust Inc ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $120k (8.5% of expenses). Other salaries and wages came to $309k. At year end it held assets of $2.8m against liabilities of $590k, net assets of $2.2m. It reported 21 employees.