Kentucky Center for Performance Excellence

Analysis

Kentucky Center for Performance Excellence is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 July 2024, Kentucky Center for Performance Excellence reported income of $68k and spending of $12k, leaving 82% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income fell from $123k to $68k (-45%), an average of -45% a year. The sharpest change came in the year to July 2024, when income dropped by 45%. Over the whole period it spent 38% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kentucky Center for Performance Excellence sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within KY. Charities of a similar size with the same main cause include Fifty Women Strong ($68k), Main Street Dumas Inc ($68k) and Intentional Faith ($67k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 0.1% and program service revenue 75% of the total. At year end it held assets of $199k against liabilities of $121, net assets of $198k.