Paducah Housing Services Inc

Analysis

Paducah Housing Services Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in May 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Paducah Housing Services Inc reported income of $59k and spending of $27k, leaving 55% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income fell from $62k to $59k (-5.4%), an average of -1.8% a year. The sharpest change came in the year to March 2021, when income dropped by 26%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Paducah Housing Services Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Traskwood Complex ($59k), C L C Sugar Ridge Inc ($59k) and West Winkley Inc ($59k).

At year end it held assets of $2.5m against liabilities of $2,416, net assets of $2.5m.