Knott County Real Properties Inc

Analysis

Knott County Real Properties Inc is a registered charity in United States, based in Hindman, KY. It received its IRS tax-exemption ruling in August 2021, 5 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Knott County Real Properties Inc reported income of $334k and spending of $387k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $139k to $334k (+140%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 140%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knott County Real Properties Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within KY. Charities of a similar size with the same main cause include Beis Aharon Vyisroel Inc ($334k), National Association of Latino Credit Unions & Professionals Inc ($334k) and Little League Baseball Inc ($334k).

At year end it held assets of $7.6m against liabilities of $7.0m, net assets of $635k. It reported 1 employees.

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.