Henderson Ky Education Foundation Inc

Analysis

Henderson Ky Education Foundation Inc is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in July 2005, 21 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 March 2023, Henderson Ky Education Foundation Inc reported income of $77k and spending of $124k, spending 161% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income grew from $42k to $77k (+86%), an average of +86% a year. The sharpest change came in the year to March 2023, when income rose by 86%. Over the whole period it spent 129% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henderson Ky Education Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KY. Charities of a similar size with the same main cause include Ronald Reagan Home and School Association Inc ($77k), Rotary Club Charities of Essex Vermont Inc ($77k) and Giles Life Saving and Rescue Squad Inc ($77k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,249 against liabilities of $15k, net assets of -$8,998.