Kincaid Housing

Analysis

Kincaid Housing is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kincaid Housing reported income of $369k and spending of $359k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $343k to $369k (+7.4%), an average of +1.8% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kincaid Housing 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 65th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Community Vitalization Council ($369k), Monroe Pipe Trades Joint Apprenticeship & Training Comm TR ($369k) and Little League Baseball Inc ($369k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. At year end it held assets of $1.2m against liabilities of $792k, net assets of $364k.