Knox County Association for Remarkable Citizens Inc

Analysis

Knox County Association for Remarkable Citizens Inc is a registered charity in United States, based in Vincennes, IN. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Knox County Association for Remarkable Citizens Inc reported income of $19.5m and spending of $17.8m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $17.2m to $19.5m (+13%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knox County Association for Remarkable Citizens Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Cap Services Inc ($19.5m), Snowline Health ($19.5m) and Arbor Circle Corporation ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $334k (1.9% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $26.9m against liabilities of $2.4m, net assets of $24.5m. It reported 553 employees.