Kentucky Race Track Chaplaincy Inc

Analysis

Kentucky Race Track Chaplaincy Inc is a registered charity in United States, based in Pewee Valley, KY. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Race Track Chaplaincy Inc reported income of $737k and spending of $722k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $883k to $737k (-17%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kentucky Race Track Chaplaincy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Faithful Give ($737k), Machon Harav Shach Inc ($737k) and Kollel of Memphis ($736k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $327k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 10 employees.