Daniel Pitino Shelter Inc

Analysis

Daniel Pitino Shelter Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in April 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 October 2022, Daniel Pitino Shelter Inc reported income of $2.4m and spending of $2.4m, spending 98% of its income. Across the 4 years on record, from October 2019 to October 2022, income grew from $1.4m to $2.4m (+71%), an average of +20% a year. The sharpest change came in the year to October 2021, when income rose by 146%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Daniel Pitino Shelter Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Historic District Development Corporation ($2.4m), Bloomfield Senior Citizens Housing Corp Felicity Towers ($2.4m) and Community Housing Fund LLC ($2.4m).

On its Form 990 for the period ending October 2022, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $38k (1.6% of expenses). Other salaries and wages came to $324k. At year end it held assets of $1.1m against liabilities of $296k, net assets of $794k. It reported 16 employees.