Edchoice Kentucky

Analysis

Edchoice Kentucky is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in September 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 (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, Edchoice Kentucky reported income of $327k and spending of $365k, spending 112% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $113k to $327k (+188%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 104%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edchoice Kentucky sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Eat on the Wildside ($327k), Del Sur Educational Foundation ($327k) and Language Lab Academy ($327k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.