Kceoc Housing Corporation

Analysis

Kceoc Housing Corporation is a registered charity in United States, based in Barbourville, KY. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kceoc Housing Corporation reported income of $133k and spending of $181k, spending 136% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $119k to $133k (+12%), an average of +2.9% a year. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kceoc Housing Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Gladstone Housing Inc ($133k), Rio Housing Association Inc ($133k) and Eye of a Needle Foundation ($133k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.3m against liabilities of $18k, net assets of $1.3m.

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.