Kosair Charities Committee Inc

Analysis

Kosair Charities Committee Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1939, 87 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Kosair Charities Committee Inc reported income of $20.7m and spending of $21.5m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.7m to $20.7m (+16%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kosair Charities Committee Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Ebenezer Ridges ($20.6m), Great Plains of Sabetha Inc ($20.7m) and Hopeway Foundation ($20.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $468k (2.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $286.0m against liabilities of $19.7m, net assets of $266.2m. It reported 29 employees.