Kceoc Housing Corporation II

Analysis

Kceoc Housing Corporation II is a registered charity in United States, based in Barbourville, KY. It received its IRS tax-exemption ruling in February 2010, 16 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kceoc Housing Corporation II reported income of $95k and spending of $151k, spending 160% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $91k to $95k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 159% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kceoc Housing Corporation II sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within KY. Charities of a similar size with the same main cause include St Cloud Hearts and Homes Inc ($95k), John Davis Manor Inc ($95k) and Community Partnership Development Corporation ($95k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $14k, net assets of $1.5m.

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.