Teach Kentucky Inc

Analysis

Teach Kentucky Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2007, 19 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 September 2023, Teach Kentucky Inc reported income of $830k and spending of $569k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $580k to $830k (+43%), an average of +9.4% a year. The sharpest change came in the year to September 2023, when income rose by 263%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach Kentucky Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Birmingham Theological Seminary ($830k), Mi Escuelita Incorporated ($831k) and Ma or Yeshiva High School Inc ($830k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $85k (15% of expenses). Other salaries and wages came to $107k. At year end it held assets of $1.0m against liabilities of $327k, net assets of $715k. It reported 4 employees.