Fort Knox Spouses and Community Club Inc

Analysis

Fort Knox Spouses and Community Club Inc is a registered charity in United States, based in Fort Knox, KY. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Fort Knox Spouses and Community Club Inc reported income of $54k and spending of $56k, spending 105% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $66k to $54k (-19%), an average of -19% a year. The sharpest change came in the year to May 2024, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Knox Spouses and Community Club Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within KY. Charities of a similar size with the same main cause include Ko-Falen Cultural Center ($54k), Theatreworks of Northern Nevada ($54k) and Dorchester Community Center for the Visual Arts Inc ($54k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 32% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.