Kentucky Coalition Inc

Analysis

Kentucky Coalition Inc is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in December 1984, 42 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 (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, Kentucky Coalition Inc reported income of $1.9m and spending of $4.3m, spending 225% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $1.9m (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Coalition Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include National Institute for Public Policy Inc ($1.9m), Pinecrest School Inc ($1.9m) and Passion of Mind Healing Center ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $186k (4.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $7.8m against liabilities of $240k, net assets of $7.5m.