Paducah Alliance of Neighbors

Analysis

Paducah Alliance of Neighbors is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in January 2011, 15 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 December 2023, Paducah Alliance of Neighbors reported income of $1.1m and spending of $767k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $1.1m (+229%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 341%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Paducah Alliance of Neighbors sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Midtown Homes Inc ($1.1m), Housing Virginia Campaign Inc ($1.1m) and Danny S House ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Other salaries and wages came to $75k. At year end it held assets of $518k against liabilities of $126k, net assets of $392k. It reported 3 employees.