Affordable Housing of Hopkinsville Inc

Analysis

Affordable Housing of Hopkinsville Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in November 2004, 22 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 June 2023, Affordable Housing of Hopkinsville Inc reported income of $674k and spending of $632k, spending 94% of its income. Across the 5 years on record, from March 2020 to June 2023, income grew from $201k to $674k (+235%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 828%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing of Hopkinsville Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Maximum Accessible Housing-West ($674k), Alice Williams Towers Inc ($674k) and Westfield Manor Association ($674k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $403k. At year end it held assets of $730k against liabilities of $68k, net assets of $663k. It reported 13 employees.