Keith County Housing Development Corporation

Analysis

Keith County Housing Development Corporation is a registered charity in United States, based in Ogallala, NE. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Keith County Housing Development Corporation reported income of $432k and spending of $446k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $432k (+265%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 446%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Keith County Housing Development Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Harrison Haven ($432k), House N2 Home Inc ($432k) and Bay Aging Apartments Gloucester Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. At year end it held assets of $3.4m against liabilities of $2.6m, net assets of $848k.