Family Services Association of Boyle County

Analysis

Family Services Association of Boyle County is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in May 1931, 95 years ago. 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, Family Services Association of Boyle County reported income of $205k and spending of $181k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $213k to $205k (-3.5%), an average of -1.2% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Services Association of Boyle County sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Urban Neighborhood Development Corporation ($205k), Pound Ridge Land Conservancy Inc ($205k) and Mt Juliet Youth Sports Association Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $41k. At year end it held assets of $281k against liabilities of $2,583, net assets of $278k. It reported 3 employees.