Emergency Shelter of Northern Kentucky Inc

Analysis

Emergency Shelter of Northern Kentucky Inc is a registered charity in United States, based in Covington, KY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Emergency Shelter of Northern Kentucky Inc reported income of $1.8m and spending of $1.2m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $704k to $1.8m (+157%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 95%. Over the whole period it spent 44% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Emergency Shelter of Northern Kentucky Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.8m), Community Housing Services ($1.8m) and St Pauls Center Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $98k (8.2% of expenses). Other salaries and wages came to $638k. At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m. It reported 53 employees.