Kentucky Medical Logistics Inc

Analysis

Kentucky Medical Logistics Inc is a registered charity in United States, based in Ashland, KY. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 June 2023, Kentucky Medical Logistics Inc reported income of $3.4m and spending of $4.1m, spending 119% of what it took in. Across the 5 years on record, from September 2019 to June 2023, income grew from $2.3m to $3.4m (+48%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Kentucky Medical Logistics Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Ukrainian Resistance Foundation ($3.4m), Friendswood Volunteer Fire Dept Inc ($3.4m) and Horsham Fire Company No 1 ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $9,000 (0.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.0m against liabilities of $1.8m, net assets of $1.1m.