Kentuckians for Community Valves Inc

Analysis

Kentuckians for Community Valves Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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 December 2023, Kentuckians for Community Valves Inc reported income of $219k and spending of $190k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $268k to $219k (-18%), an average of -9.6% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentuckians for Community Valves Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($219k), West End Fire Co No 2 ($219k) and Visitor & International Student Association Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $25k (13% of expenses). Other salaries and wages came to $37k. At year end it held assets of $40k against liabilities of $0, net assets of $40k. It reported 3 employees.