Kateri Tekakwitha Housing Corp

Analysis

Kateri Tekakwitha Housing Corp is a registered charity in United States, based in Auburn, MA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Kateri Tekakwitha Housing Corp reported income of $559k and spending of $549k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $559k (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 62%. 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, Kateri Tekakwitha Housing Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Pennsylvania Emergency Health Services Council ($559k), Church Women United ($559k) and Hickory Soup Kitchen Inc ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $2.8m against liabilities of $5.7m, net assets of -$2.9m.