Jessamine County Homeless Coalition Inc

Analysis

Jessamine County Homeless Coalition Inc is a registered charity in United States, based in Nicholasville, KY. It received its IRS tax-exemption ruling in May 2016, 10 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, Jessamine County Homeless Coalition Inc reported income of $86k and spending of $206k, spending 240% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $102k to $86k (-16%), an average of -8.3% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 165% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jessamine County Homeless Coalition Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include Fiddlers Annex Inc ($86k), Great Road Properties Inc ($86k) and Douglas County Housing Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $285k against liabilities of $488k, net assets of -$203k.

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.