Amity Housing Incorporated
EIN: 611121090 · Louisville, KY
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $177K |
| Net Assets | $-230,766 |
Is Amity Housing Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amity Housing Incorporated
Amity Housing Incorporated (EIN: 611121090) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $137K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amity Housing Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amity Housing Incorporated is a small nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $177K |
| Surplus / Deficit | $-64,678 |
| Total Assets | $189K |
| Total Liabilities | $420K |
| Net Assets | $-230,766 |
| Operating Margin | -57.5% |
| Debt-to-Asset Ratio | 222.1% |
| Months of Reserves | 12.8 months |
Financial Health Grade: C
In 2023, Amity Housing Incorporated reported a deficit of $65K with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 222.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Amity Housing Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +55.8% | -4.4% |
| 2022 | -8.1% | +2.6% | -7.6% |
| 2021 | -1.7% | -9.5% | -1.9% |
| 2020 | -2.7% | -24.1% | +9.3% |
| 2019 | +0.7% | +43.5% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Amity Housing Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amity Housing Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 222.1%.
Frequently Asked Questions about Amity Housing Incorporated
Is Amity Housing Incorporated a legitimate charity?
Amity Housing Incorporated (EIN: 611121090) is a registered tax-exempt nonprofit based in Kentucky. It has 12 years of IRS 990 filings on record. Total revenue: $137K. No red flags identified. Financial health grade: C.
How does Amity Housing Incorporated spend its money?
Amity Housing Incorporated reported $137K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Amity Housing Incorporated tax-deductible?
Amity Housing Incorporated is registered as a tax-exempt nonprofit (EIN: 611121090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amity Housing Incorporated located?
Amity Housing Incorporated is headquartered in Louisville, Kentucky and files with the IRS under EIN 611121090.
How many years of IRS 990 filings does Amity Housing Incorporated have?
Amity Housing Incorporated has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $137K in total revenue.
Filing History
IRS 990 filing history for Amity Housing Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Amity Housing Incorporated's revenue has grown by 21.6%, moving from $93K to $113K. Total assets decreased by 30% over the same period, from $270K to $189K. Total functional expenses rose by 48.8%, from $119K to $177K. In its most recent filing year (2023), Amity Housing Incorporated reported a deficit of $65K, with expenses exceeding revenue. The organization holds $420K in liabilities against $189K in assets (debt-to-asset ratio: 222.1%), resulting in net assets of $-230,766.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $177K | $189K | $420K | — | View 990 |
| 2022 | $114K | $114K | $198K | $364K | — | View 990 |
| 2021 | $124K | $111K | $214K | $381K | — | — |
| 2020 | $127K | $123K | $218K | $398K | — | View 990 |
| 2019 | $130K | $161K | $200K | $384K | — | View 990 |
| 2018 | $129K | $113K | $216K | $369K | — | View 990 |
| 2017 | $111K | $120K | $212K | $382K | — | View 990 |
| 2016 | $117K | $125K | $226K | $386K | — | View 990 |
| 2015 | $122K | $117K | $243K | $395K | — | View 990 |
| 2014 | $119K | $116K | $242K | $399K | — | View 990 |
| 2013 | $108K | $110K | $261K | $421K | — | View 990 |
| 2012 | $93K | $119K | $270K | $428K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $177K, and assets of $189K (revenue -1.6% year-over-year).
- 2022: Revenue of $114K, expenses of $114K, and assets of $198K (revenue -8.1% year-over-year).
- 2021: Revenue of $124K, expenses of $111K, and assets of $214K (revenue -1.7% year-over-year).
- 2020: Revenue of $127K, expenses of $123K, and assets of $218K (revenue -2.7% year-over-year).
- 2019: Revenue of $130K, expenses of $161K, and assets of $200K (revenue +0.7% year-over-year).
- 2018: Revenue of $129K, expenses of $113K, and assets of $216K (revenue +16.4% year-over-year).
- 2017: Revenue of $111K, expenses of $120K, and assets of $212K (revenue -5.0% year-over-year).
- 2016: Revenue of $117K, expenses of $125K, and assets of $226K (revenue -4.4% year-over-year).
- 2015: Revenue of $122K, expenses of $117K, and assets of $243K (revenue +2.3% year-over-year).
- 2014: Revenue of $119K, expenses of $116K, and assets of $242K (revenue +10.3% year-over-year).
- 2013: Revenue of $108K, expenses of $110K, and assets of $261K (revenue +17.0% year-over-year).
- 2012: Revenue of $93K, expenses of $119K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amity Housing Incorporated:
Data Sources and Methodology
This transparency report for Amity Housing Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.