Leadership Kentucky Foundation Inc

Analysis

Leadership Kentucky Foundation Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in January 1989, 37 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Leadership Kentucky Foundation Inc reported income of $1.1m and spending of $836k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Kentucky Foundation Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Jackson Interfaith Nonprofit Housing Corporation ($1.1m), Chaio Hsin Chinese Language School ($1.1m) and Big Sur Health Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $180k (22% of expenses). Other salaries and wages came to $139k. At year end it held assets of $2.7m against liabilities of $34k, net assets of $2.6m. It reported 5 employees.