Kentucky Cancerlink Inc

Analysis

Kentucky Cancerlink Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 March 2024, Kentucky Cancerlink Inc reported income of $936k and spending of $1.0m, spending 110% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $177k to $936k (+429%), an average of +40% a year. The sharpest change came in the year to March 2020, when income rose by 107%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kentucky Cancerlink Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Purpose of Recovery Inc ($936k), Tri-Cities Cancer Center Foundation ($936k) and Glomcon Foundation ($935k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $50k (4.9% of expenses). Other salaries and wages came to $291k. At year end it held assets of $184k against liabilities of $119k, net assets of $65k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.