Southcentral Kentucky Community & Technical College Foundation Inc

Analysis

Southcentral Kentucky Community & Technical College Foundation Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Southcentral Kentucky Community & Technical College Foundation Inc reported income of $1.3m and spending of $927k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $429k to $1.3m (+213%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 124%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southcentral Kentucky Community & Technical College Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Womens Justice Initiative Inc ($1.3m), Minnesota Section Pga Foundation ($1.3m) and The Free State Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.