Ken-Crest Housing Pennsylvania Inc

Analysis

Ken-Crest Housing Pennsylvania Inc is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in September 1990, 36 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 June 2023, Ken-Crest Housing Pennsylvania Inc reported income of $196k and spending of $227k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $168k to $196k (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ken-Crest Housing Pennsylvania Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Deaf Senior Retirement Corporation ($196k), San Juan Housing Corporation ($196k) and Cornwall Elderly Housing Corporation ($196k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $783k against liabilities of $251k, net assets of $533k.

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.