Audubon Area Community Services Inc

Analysis

Audubon Area Community Services Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in April 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Audubon Area Community Services Inc reported income of $63.4m and spending of $54.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $46.3m to $63.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Audubon Area Community Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KY. Charities of a similar size with the same main cause include Rogue Valley Manor ($63.4m), The Institutes of Applied Human Dynamics Inc ($63.7m) and Catholic Hospice Inc ($63.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $434k (0.8% of expenses). Other salaries and wages came to $19.9m. At year end it held assets of $60.4m against liabilities of $7.2m, net assets of $53.3m. It reported 1,056 employees.