Kings Daughters Elderly Housing Corporation

Analysis

Kings Daughters Elderly Housing Corporation is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in December 1979, 47 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 January 2024, Kings Daughters Elderly Housing Corporation reported income of $599k and spending of $464k, leaving 23% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $560k to $599k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to January 2022, when income rose by 17%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kings Daughters Elderly Housing Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MS. Charities of a similar size with the same main cause include Towson Presbyterian Kindergarten Inc ($599k), Salaam Cultural Center ($599k) and Fahy West C/O Goodale & Barbieri ($599k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $822k against liabilities of $72k, net assets of $750k. It reported 3 employees.