Knott County Youth Foundation Inc

Analysis

Knott County Youth Foundation Inc is a registered charity in United States, based in Hindman, KY. It received its IRS tax-exemption ruling in August 2005, 21 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, Knott County Youth Foundation Inc reported income of $59k and spending of $49k, spending 83% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $24k to $59k (+145%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Knott County Youth Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Orange Youth Soccer League ($59k), Arcanum Jr Baseball Association ($59k) and Pan Handle Athleti Club Inc Phac ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.