Northern Kentucky University Foundation Inc

Analysis

Northern Kentucky University Foundation Inc is a registered charity in United States, based in Highland Heights, KY. It received its IRS tax-exemption ruling in July 1971, 55 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 June 2023, Northern Kentucky University Foundation Inc reported income of $7.5m and spending of $10.4m, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.6m to $7.5m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2022, when income rose by 404%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern Kentucky University Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Westside Foundation ($7.5m), Local Progress Policy Institute ($7.5m) and University Preparatory Schools ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $151.4m against liabilities of $15.8m, net assets of $135.6m.