Barren County Educational Foundation Inc

Analysis

Barren County Educational Foundation Inc is a registered charity in United States, based in Glasgow, KY. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Barren County Educational Foundation Inc reported income of $465k and spending of $252k, leaving 46% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $478k to $465k (-2.6%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Barren County Educational Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Lincoln W Pavey Educational Foundation ($465k), Haloalaunuiakea Early Learning Center ($465k) and Al J Condit PTO ($465k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.