Kathys House Inc

Analysis

Kathys House Inc is a registered charity in United States, based in San Juan Capo, CA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kathys House Inc reported income of $532k and spending of $593k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $532k (+140%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kathys House Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Friends of Georgica Pond Foundation Inc ($532k), Genki Inc ($532k) and Foundation4arts Inc ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $60k (10% of expenses). Other salaries and wages came to $89k. At year end it held assets of $652k against liabilities of $131k, net assets of $521k. It reported 9 employees.