The Kentucky State Beekeepers Association Inc

Analysis

The Kentucky State Beekeepers Association Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, The Kentucky State Beekeepers Association Inc reported income of $124k and spending of $66k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $124k (+43%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Kentucky State Beekeepers Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within KY. Charities of a similar size with the same main cause include Divine Intervention Institute Inc ($124k), Union Food Pantry ($124k) and Cultivating Change Foundation ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.