Katies House Incorporated

Analysis

Katies House Incorporated is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in October 2001, 25 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 December 2023, Katies House Incorporated reported income of $439k and spending of $231k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $439k (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Katies House Incorporated sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Thrive-Gulu Inc ($439k), Vault Fostering Community ($439k) and New Kids Production & Design Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 24% of the total. At year end it held assets of $1.2m against liabilities of $442k, net assets of $780k. It reported 3 employees.