Beattyville Housing & Development Corporation Inc

Analysis

Beattyville Housing & Development Corporation Inc is a registered charity in United States, based in Beattyville, KY. It received its IRS tax-exemption ruling in September 1997, 29 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, Beattyville Housing & Development Corporation Inc reported income of $840k and spending of $1.1m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $840k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 217%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beattyville Housing & Development Corporation Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Little Haiti Housing Association Inc ($840k), Housing Corporation of Arlington ($840k) and B T Inc ($840k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $168k. At year end it held assets of $5.2m against liabilities of $2.2m, net assets of $2.9m. It reported 5 employees.