Kentucky Society for Technology Ineducation

Analysis

Kentucky Society for Technology Ineducation is a registered charity in United States, based in Waco, KY. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kentucky Society for Technology Ineducation reported income of $721k and spending of $601k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $468k to $721k (+54%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 303%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kentucky Society for Technology Ineducation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Jamaica Plain Mulaticultural After School Program ($721k), Ibio Institute ($721k) and The Odyssey Theatre Foundation ($721k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $673k against liabilities of -$18k, net assets of $691k.