Kentucky Christian University Inc

Analysis

Kentucky Christian University Inc is a registered charity in United States, based in Grayson, KY. It received its IRS tax-exemption ruling in June 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Kentucky Christian University Inc reported income of $17.5m and spending of $19.1m, spending 109% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $19.2m to $17.5m (-8.8%), an average of -3.0% a year. The sharpest change came in the year to May 2023, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Christian University Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include Asu Enterprise Partners ($17.5m), Equality Charter School ($17.6m) and North Valley Military Institute College Preparatory Academy ($17.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $142k (0.7% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $36.1m against liabilities of $5.9m, net assets of $30.2m. It reported 390 employees.