Western Ky Heart & Lung Research Found & Ed Trust Inc

Analysis

Western Ky Heart & Lung Research Found & Ed Trust Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Western Ky Heart & Lung Research Found & Ed Trust Inc reported income of $125k and spending of $160k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $125k (-21%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Ky Heart & Lung Research Found & Ed Trust Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within KY. Charities of a similar size with the same main cause include Capuchino Sports Boosters ($125k), Greater Lansing Area Holiday Commission ($125k) and Hickam Hurricanes ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $19k against liabilities of $5,496, net assets of $13k.