Shelby County Associated Industries Inc

Analysis

Shelby County Associated Industries Inc is a registered charity in United States, based in Shelbyville, KY. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Shelby County Associated Industries Inc reported income of $116k and spending of $71k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $169k to $116k (-31%), an average of -7.3% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shelby County Associated Industries Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Pearl with You Inc ($116k), Glacial Lakes Area Development ($116k) and Rockford Womans Club ($116k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 15% of the total. At year end it held assets of $159k against liabilities of $103, net assets of $159k.