Episcopal Kyle Home Inc

Analysis

Episcopal Kyle Home Inc is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Episcopal Kyle Home Inc reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.3m (+18%), an average of +4.2% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Episcopal Kyle Home Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Eliza Huntington Memorial Home of Norwich Conn Inc ($1.3m), Food Recovery Network Inc ($1.3m) and Community Day Nursery ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $138k (10% of expenses). Other salaries and wages came to $699k. At year end it held assets of $889k against liabilities of $102k, net assets of $787k. It reported 40 employees.