Kentucky Bankers Relief Fund Company

Analysis

Kentucky Bankers Relief Fund Company is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Kentucky Bankers Relief Fund Company reported income of $572k and spending of $242k, leaving 58% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $866k to $572k (-34%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 32% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Kentucky Bankers Relief Fund Company sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Port Royal Emergency Medical Services Inc ($572k), Belfast Volunteer Fire Fighters Inc ($572k) and Highland Park First Aid Squad ($572k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $984k against liabilities of $0, net assets of $984k.