Kennebunkport Heritage Housing Trust

Analysis

Kennebunkport Heritage Housing Trust is a registered charity in United States, based in Kennebunkport, ME. It received its IRS tax-exemption ruling in August 2019, 7 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, Kennebunkport Heritage Housing Trust reported income of $204k and spending of $175k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $303k to $204k (-33%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kennebunkport Heritage Housing Trust sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 47th percentile within ME. Charities of a similar size with the same main cause include Discovery Place Corporation ($203k), Lilys House ($204k) and Presbyterian Home Quitman Retirement Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $59k against liabilities of $0, net assets of $59k. It reported 1 employees.