Kateri House Housing Association
Analysis
Kateri House Housing Association is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in January 2005, 21 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 December 2023, Kateri House Housing Association reported income of $88k and spending of $108k, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $120k to $88k (-27%), an average of -10% a year. The sharpest change came in the year to December 2021, when income dropped by 53%. Over the whole period it spent 130% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kateri House Housing Association sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include PCR House Inc ($88k), Maxcen Housing Society Inc South Carolina Branch ($88k) and Waynedale II Apartments Inc ($88k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $205k against liabilities of $169k, net assets of $36k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 75%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| PCR House Inc | Potomac | $88k |
| Maxcen Housing Society Inc South Carolina Branch | Surfside BCH | $88k |
| Waynedale II Apartments Inc | Fort Wayne | $88k |
| Southern Virginia Development Corporation Inc | Emporia | $88k |