Kent Attainable Housing Inc

Analysis

Kent Attainable Housing Inc is a registered charity in United States, based in Chestertown, MD. It received its IRS tax-exemption ruling in July 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, Kent Attainable Housing Inc reported income of $464k and spending of $427k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $442k to $464k (+4.9%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kent Attainable Housing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Steele County Transitional Housing Inc ($464k), Ahepa 78 Inc ($464k) and Partners in Action Inc ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Other salaries and wages came to $126k. At year end it held assets of $788k against liabilities of $135k, net assets of $652k. It reported 2 employees.