Caney Creek Community Center

Analysis

Caney Creek Community Center is a registered charity in United States, based in Pippa Passes, KY. It received its IRS tax-exemption ruling in March 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Caney Creek Community Center reported income of $28.7m and spending of $20.9m, leaving 27% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $24.8m to $28.7m (+15%), an average of +4.9% a year. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caney Creek Community Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Christian Academy of Louisville Inc ($28.6m), New York Institute for Special Education ($28.7m) and The Ross Institute Inc ($28.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 56% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $410k (2.0% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $148.4m against liabilities of $4.6m, net assets of $143.8m. It reported 271 employees.