Church Housing Association of Prestonburg Inc

Analysis

Church Housing Association of Prestonburg Inc is a registered charity in United States, based in Prestonsburg, KY. It received its IRS tax-exemption ruling in October 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Church Housing Association of Prestonburg Inc reported income of $1.8m and spending of $1.6m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $1.8m (+5.9%), an average of +1.9% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Church Housing Association of Prestonburg Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Robison Foundation FR Jewish Elders ($1.8m), Advocates of Ozaukee Inc ($1.8m) and Harvest Safe Haven for Boys ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $257k. At year end it held assets of $2.6m against liabilities of $3.2m, net assets of -$576k. It reported 20 employees.