Ken-Crest Housing Pa III Inc

Analysis

Ken-Crest Housing Pa III Inc is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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 Pa III Inc reported income of $81k and spending of $148k, spending 184% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $83k to $81k (-3.2%), an average of -0.8% a year. Over the whole period it spent 137% 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 Pa III Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Georgia Extension 4-H Foundation ($81k), Interdenominational Church Ushers Association of Maryland Inc ($81k) and Little League Baseball Inc ($81k).

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 $23k. At year end it held assets of $412k against liabilities of $111k, net assets of $300k.

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.