Kentucky Health Center Network Incorporated

Analysis

Kentucky Health Center Network Incorporated is a registered charity in United States, based in Mount Sterling, KY. It received its IRS tax-exemption ruling in April 2014, 12 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 (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 Health Center Network Incorporated reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $896k to $1.1m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kentucky Health Center Network Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Divine Children Inc ($1.1m), New Leaf Center ($1.1m) and Faact Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $145k (14% of expenses). Other salaries and wages came to $143k. At year end it held assets of $315k against liabilities of $24k, net assets of $291k. It reported 4 employees.