Knox Regional Development Alliance Inc

Analysis

Knox Regional Development Alliance Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in June 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 December 2023, Knox Regional Development Alliance Inc reported income of $349k and spending of $339k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $438k to $349k (-20%), an average of -5.5% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knox Regional Development Alliance Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Arecibo Baseball Acamedy Inc ($349k), Law and Justice Institute ($349k) and Pursue Scholars NFP ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $150k (44% of expenses). Other salaries and wages came to $99k. At year end it held assets of $876k against liabilities of $2,750, net assets of $873k. It reported 2 employees.