Kentucky Trapshooters League Inc

Analysis

Kentucky Trapshooters League Inc is a registered charity in United States, based in Nicholasville, KY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Kentucky Trapshooters League Inc reported income of $228k and spending of $178k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $179k to $228k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kentucky Trapshooters League Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Milwaukie Community Center Foundation ($228k), Sandlot at Pcaa Inc ($228k) and Thresher Aquatics Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,000 (3.4% of expenses). At year end it held assets of $266k against liabilities of $0, net assets of $266k.