Ken-Crest Housing Pa 2010 Inc

Analysis

Ken-Crest Housing Pa 2010 Inc is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in December 2012, 14 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 2010 Inc reported income of $121k and spending of $163k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $108k to $121k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 148% 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 2010 Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Cane Pointe Apartments Inc ($121k), Wilshire Drive Inc ($121k) and Well of Saginaw ($121k).

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 $32k. At year end it held assets of $1.5m against liabilities of $157k, net assets of $1.3m.

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.