Foster Care Council of Lexky Inc

Analysis

Foster Care Council of Lexky Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in November 2012, 14 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, Foster Care Council of Lexky Inc reported income of $209k and spending of $212k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $170k to $209k (+23%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster Care Council of Lexky Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Keokuk Community Child Development Center Inc ($209k), Eastern Oklahoma County Resource Center Inc ($209k) and Sav a Life of Limestone County Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. Compensation of current officers, directors and key employees was $83k (39% of expenses). At year end it held assets of $177k against liabilities of $2,213, net assets of $175k.