Kleeman Village Housing Corporation NFP

Analysis

Kleeman Village Housing Corporation NFP is a registered charity in United States, based in Clinton, IL. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kleeman Village Housing Corporation NFP reported income of $146k and spending of $197k, spending 134% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $122k to $146k (+20%), an average of +4.6% a year. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kleeman Village Housing Corporation NFP sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Choice Housing Corp ($146k), South Fulton Affordable Housing Development Corporation ($146k) and Totus Tuus Foundation ($146k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $1,512. At year end it held assets of $949k against liabilities of $1.9m, net assets of -$967k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.