Kentucky State Police Foundation Inc

Analysis

Kentucky State Police Foundation Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 State Police Foundation Inc reported income of $195k and spending of $139k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $255k to $195k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kentucky State Police Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Hinsdale Inferno Basketball Club Inc ($195k), Barnstormer Baseball Club ($195k) and North Texas Cricket Association ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $73k (52% of expenses). Other salaries and wages came to $5,035. At year end it held assets of $460k against liabilities of $0, net assets of $460k. It reported 2 employees.