One Nky Alliance Inc

Analysis

One Nky Alliance Inc is a registered charity in United States, based in Covington, KY. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, One Nky Alliance Inc reported income of $713k and spending of $598k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $682k to $713k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Nky Alliance Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Crisis Control Center Inc 603 N 3rd ($713k), Families Helping Families of Southeast Louisiana Inc ($713k) and M H & O Family Home ($713k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $350k. At year end it held assets of $878k against liabilities of $6,754, net assets of $871k. It reported 5 employees.