Kentucky Executive Mansions Foundation

Analysis

Kentucky Executive Mansions Foundation is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Kentucky Executive Mansions Foundation reported income of $261k and spending of $292k, spending 112% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income grew from $74k to $261k (+252%), an average of +88% a year. The sharpest change came in the year to June 2021, when income rose by 179%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kentucky Executive Mansions Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KY. Charities of a similar size with the same main cause include Maqasid Institute ($260k), Hundley Foundation Inc ($261k) and Luke Garrison Foundation ($260k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 7.5% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.