Foundation for a Healthy Kentucky Inc

Analysis

Foundation for a Healthy Kentucky Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for a Healthy Kentucky Inc reported income of $4.0m and spending of $3.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.0m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for a Healthy Kentucky Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Gillespie-Benld Area Ambulance Service Inc ($4.0m), Permian Basin Rehabilitation Center for Crippled Children and Adults ($4.0m) and Pro Youth and Families Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $328k (9.2% of expenses). Other salaries and wages came to $602k. At year end it held assets of $59.5m against liabilities of $48k, net assets of $59.5m. It reported 10 employees.