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Kentucky Rural Health Information Technology Network Inc

RegisteredEIN 46-2746512Corbin, KYPoverty relief
Income$4.2m2023-12
Spending$3.4msame year
Spent / received91%6-year average
Size in its cause89th pctPoverty relief
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Kentucky Rural Health Information Technology Network Inc is a registered charity in United States, based in Corbin, KY. It received its IRS tax-exemption ruling in June 2014, 12 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, Kentucky Rural Health Information Technology Network Inc reported income of $4.2m and spending of $3.4m, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $24k to $4.2m (+17168%), an average of +180% a year. The sharpest change came in the year to December 2019, when income rose by 2081%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kentucky Rural Health Information Technology Network Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Ouachita Multi Purpose Community Action Program Inc ($4.2m), Least of These Inc ($4.2m) and Human Services Network Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $1.9m against liabilities of $651k, net assets of $1.3m.

Income and spending

$0$1.1m$2.1m$3.2m$4.2m2018 Income: $24,3752018 Spending: $72,67120182019 Income: $531,6742019 Spending: $579,28920192020 Income: $990,9342020 Spending: $1,221,25520202021 Income: $1,600,1902021 Spending: $1,657,24220212022 Income: $2,619,3972022 Spending: $2,142,80720222023 Income: $4,208,9852023 Spending: $3,426,8012023
IncomeSpending

Where the income comes from

  • Contributions & grants 50%
  • Program services 50%

Similar-sized charities, same cause

CharityLocationIncome
Ouachita Multi Purpose Community Action Program IncMonroe$4.2m
Least of These IncOzark$4.2m
Human Services Network IncPlantation$4.2m
Monarch Services-Servicios MonarcaWatsonville$4.2m