Owsley County Housing Association Eastside Apts

Analysis

Owsley County Housing Association Eastside Apts is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1979, 47 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 September 2023, Owsley County Housing Association Eastside Apts reported income of $463k and spending of $369k, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $435k to $463k (+6.4%), an average of +1.6% a year. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Owsley County Housing Association Eastside Apts sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Second Chances Foundation Inc ($463k), 16 15 Outfitters ($463k) and Inner City Recovery Homes International ($463k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $87k. At year end it held assets of $946k against liabilities of $219k, net assets of $727k. It reported 1 employees.