Kentucky Dairy Council Inc

Analysis

Kentucky Dairy Council Inc is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Kentucky Dairy Council Inc reported income of $718k and spending of $991k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $718k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kentucky Dairy Council 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 Rosie Network Inc ($718k), Chabad Jewish Center ($718k) and Childrens Homes of Southern California ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $270k. At year end it held assets of $1.1m against liabilities of $499k, net assets of $639k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.