Amber Village Housing Corporation

Analysis

Amber Village Housing Corporation is a registered charity in United States, based in Eddyville, KY. It received its IRS tax-exemption ruling in April 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Amber Village Housing Corporation reported income of $327k and spending of $245k, leaving 25% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $283k to $327k (+16%), an average of +3.7% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Amber Village Housing Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within KY. Charities of a similar size with the same main cause include Council of Governments Housing Corporation ($327k), Gilead House ($327k) and Community Action Shelter Associates Inc ($327k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $28k (11% of expenses). Other salaries and wages came to $43k. At year end it held assets of $257k against liabilities of $636k, net assets of -$379k.