Kelsch Homes Inc

Analysis

Kelsch Homes Inc is a registered charity in United States, based in Woodbury HTS, NJ. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kelsch Homes Inc reported income of $2.2m and spending of $2.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $2.2m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kelsch Homes Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Communities for Good Fund ($2.2m), Young Womens Christian Association ($2.2m) and Tucker County Senior Citizens Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $2.1m against liabilities of $1.8m, net assets of $340k.