GFWC Kentucky Inc

Analysis

GFWC Kentucky Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2024, GFWC Kentucky Inc reported income of $73k and spending of $40k, leaving 45% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $80k to $73k (-9.4%), an average of -9.4% a year. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, GFWC Kentucky Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KY. Charities of a similar size with the same main cause include Lebanon Missouri Main Street Inc ($73k), High Limit Productions Foundation ($73k) and Villa Rica Mainstreet Inc ($73k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $383k against liabilities of $0, net assets of $383k.