Guthrie Opportunity Center Foundation Inc

Analysis

Guthrie Opportunity Center Foundation Inc is a registered charity in United States, based in Bardstown, KY. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover human services, 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, Guthrie Opportunity Center Foundation Inc reported income of $171k and spending of $476k, spending 278% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $171k (-85%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guthrie Opportunity Center Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within KY. Charities of a similar size with the same main cause include Love Living at Home Inc ($171k), Keren Zichron Henya Inc ($171k) and Girls of Excellence Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 167% and program service revenue 16% of the total. Other salaries and wages came to $207k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 5 employees.