Ken-Crest Housing Del II Inc

Analysis

Ken-Crest Housing Del II Inc is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ken-Crest Housing Del II Inc reported income of $152k and spending of $155k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $145k to $152k (+4.7%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ken-Crest Housing Del II Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Chambersburg Firemens Relief Association ($152k), PTA California Congress of Parents Teachers & Students Inc ($152k) and Rumson Fair Haven Youth Football Inc ($152k).

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 $27k. At year end it held assets of $557k against liabilities of $164k, net assets of $393k.

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.