Kennewick Perry Suites
Analysis
Kennewick Perry Suites is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in June 2012, 14 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 June 2024, Kennewick Perry Suites reported income of $107k and spending of $204k, spending 191% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $93k to $107k (+14%), an average of +3.4% a year. Over the whole period it spent 206% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kennewick Perry Suites sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Newburg Community Housing Inc ($107k), Abilities at Fountain Square Inc ($107k) and St Vincents Fruitland Apartments Limited ($107k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $11k. At year end it held assets of $2.0m against liabilities of $2.6m, net assets of -$518k. It reported 1 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 33%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Newburg Community Housing Inc | Newburg | $107k |
| Abilities at Fountain Square Inc | Clearwater | $107k |
| St Vincents Fruitland Apartments Limited | Coeur D Alene | $107k |
| Seneca Housing Corporation | Greenville | $107k |