Jobs for Kentuckys Graduates Inc

Analysis

Jobs for Kentuckys Graduates Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Jobs for Kentuckys Graduates Inc reported income of $6.2m and spending of $4.5m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.4m to $6.2m (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jobs for Kentuckys Graduates Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Community Service Foundation Inc ($6.2m), Front Range Christian Ministries ($6.2m) and Communities in Schools of Philadelphia Inc ($6.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $147k (3.3% of expenses). Other salaries and wages came to $633k. At year end it held assets of $4.6m against liabilities of $200k, net assets of $4.4m. It reported 12 employees.