Kentucky Equine Humane Center Inc
Analysis
Kentucky Equine Humane Center Inc is a registered charity in United States, based in Nicholasville, KY. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 December 2023, Kentucky Equine Humane Center Inc reported income of $371k and spending of $638k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $582k to $371k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 99% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Kentucky Equine Humane Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Working Dogs for Warriors Corp ($371k), African Elephant Conservation Trust ($371k) and Golden Retriever Rescue of Atlanta ($371k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $239k. At year end it held assets of $559k against liabilities of $0, net assets of $559k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 10%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Working Dogs for Warriors Corp | Rialto | $371k |
| African Elephant Conservation Trust | Newburyport | $371k |
| Golden Retriever Rescue of Atlanta | Atlanta | $371k |
| Humane Society at Lakewood Ranch Inc | Myakka City | $371k |