Montauk Non Profit Housing Corp

Analysis

Montauk Non Profit Housing Corp is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Montauk Non Profit Housing Corp reported income of $216k and spending of $228k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $200k to $216k (+7.9%), an average of +2.6% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Montauk Non Profit Housing Corp sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include Robert Matthew Jackson Veterans Center Inc ($216k), Nanoom House Inc ($216k) and Valley Housing Development Corporation Incorporated ($215k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $537k against liabilities of $85k, net assets of $452k.