Northern Kentucky Education Council Inc

Analysis

Northern Kentucky Education Council Inc is a registered charity in United States, based in Florence, 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 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, Northern Kentucky Education Council Inc reported income of $327k and spending of $369k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $378k to $327k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern Kentucky Education Council Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within KY. Charities of a similar size with the same main cause include Anna Porter Pub Library ($327k), Young Entrepreneurz Organization ($327k) and Chardon High School Athletic Boosters Association Inc ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $74k (20% of expenses). Other salaries and wages came to $160k. At year end it held assets of $123k against liabilities of $14k, net assets of $109k. It reported 5 employees.