Kentucky Communities Housing Corporation

Analysis

Kentucky Communities Housing Corporation is a registered charity in United States, based in Barbourville, KY. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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 September 2023, Kentucky Communities Housing Corporation reported income of $185k and spending of $177k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $171k to $185k (+8.0%), an average of +1.9% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Communities Housing Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within KY. Charities of a similar size with the same main cause include Anaconda Thrift Center ($185k), St James Place Services Inc ($185k) and Rossmoor Rotary Foundation ($185k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $252k against liabilities of $316k, net assets of -$65k.