Kentucky Association of School Business Officials Inc

Analysis

Kentucky Association of School Business Officials Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Association of School Business Officials Inc reported income of $784k and spending of $720k, spending 92% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $507k to $784k (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 429%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Association of School Business Officials Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Capital College & Career Academy ($784k), Cazenovia Childrens House Inc ($784k) and Sisters Working It Out NFP ($784k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $398k against liabilities of $35k, net assets of $363k. It reported 2 employees.