Cranberry Non-Profit Housing Corporation

Analysis

Cranberry Non-Profit Housing Corporation is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in June 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cranberry Non-Profit Housing Corporation reported income of $183k and spending of $195k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $183k (+2.4%), an average of +0.6% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cranberry Non-Profit Housing Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Asi Chandler Inc ($182k), Vestas Hearth Inc ($183k) and Cleveland Emergency Shelter Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $493k against liabilities of $39k, net assets of $454k.

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.