Bettye Ruth Kay Community Homes Inc

Analysis

Bettye Ruth Kay Community Homes Inc is a registered charity in United States, based in Whitehouse, OH. It received its IRS tax-exemption ruling in October 2006, 20 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, Bettye Ruth Kay Community Homes Inc reported income of $99k and spending of $183k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $99k (+6.7%), an average of +1.6% a year. Over the whole period it spent 166% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bettye Ruth Kay Community Homes Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Woodside Apartments Inc ($99k), Delta Community Housing Project ($99k) and Andrew J Flodin Apartments Foundation ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $842k against liabilities of $37k, net assets of $804k.

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.