Kentucky Nephrology Research Trust Inc

Analysis

Kentucky Nephrology Research Trust Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kentucky Nephrology Research Trust Inc reported income of $1.2m and spending of $753k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $745k to $1.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kentucky Nephrology Research Trust Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include W Edwards Deming Institute ($1.2m), The Dea Educational Foundation ($1.2m) and Aunt Ritas Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $50k (6.6% of expenses). Other salaries and wages came to $41k. At year end it held assets of $3.8m against liabilities of $2,283, net assets of $3.8m. It reported 2 employees.