Ken-Crest Housing Pa 2009 Inc

Analysis

Ken-Crest Housing Pa 2009 Inc is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in June 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 supporting organisation (type i) 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 2009 Inc reported income of $107k and spending of $189k, spending 176% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $108k to $107k (-0.9%), an average of -0.2% a year. Over the whole period it spent 156% 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 2009 Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Woodbridge Affordable Housing Corp ($107k), Nativity Housing Development Fund Company Inc ($107k) and Taunton Revitalization Inc ($107k).

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 $33k. At year end it held assets of $1.2m against liabilities of $231k, net assets of $963k.

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.