Kissimmee Oaks Housing I Inc

Analysis

Kissimmee Oaks Housing I Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in May 1994, 32 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, Kissimmee Oaks Housing I Inc reported income of $598k and spending of $754k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $598k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kissimmee Oaks Housing I Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Project Home Development Corporation ($598k), Floral Gardens Apartments Inc ($599k) and Orrvilla Manor I Inc ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $1.7m against liabilities of $101k, net assets of $1.6m.

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.