Kathys House Inc

Analysis

Kathys House Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Kathys House Inc reported income of $1.4m and spending of $1.8m, spending 130% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $1.4m (+5.7%), an average of +1.1% a year. The sharpest change came in the year to December 2019, when income rose by 122%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kathys House Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Mental Health Association in New York State Inc ($1.4m), Collaborative Family Health Care Coalition ($1.4m) and Health Connections Incorporated ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $143k (8.1% of expenses). Other salaries and wages came to $362k. It paid $11k in professional fundraising fees. At year end it held assets of $10.9m against liabilities of $222k, net assets of $10.7m. It reported 10 employees.