Kentucky Heartwood Inc

Analysis

Kentucky Heartwood Inc is a registered charity in United States, based in Berea, KY. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Kentucky Heartwood Inc reported income of $178k and spending of $199k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $212k to $178k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kentucky Heartwood Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Durwards Glen Olrg Ltd ($178k), Saugatuck Dunes Coastal Alliance ($178k) and Sheltowee Environmental Education Coalition ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (27% of expenses). Other salaries and wages came to $74k. At year end it held assets of $235k against liabilities of $2,420, net assets of $233k. It reported 4 employees.