Ken-Crest Housing Pa 2001 Inc

Analysis

Ken-Crest Housing Pa 2001 Inc is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in July 2002, 24 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 Pa 2001 Inc reported income of $176k and spending of $226k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $178k to $176k (-1.6%), an average of -0.4% a year. Over the whole period it spent 118% 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 Pa 2001 Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Original Town of Liberal Revitalization Inc ($175k), Harvard Supportive Housing Inc ($176k) and SCCMHC Housing Inc ($175k).

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 $45k. At year end it held assets of $1.0m against liabilities of $205k, net assets of $824k.

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.