Presbyterian Child Welfare Agency of Buckhorn Kentucky Inc

Analysis

Presbyterian Child Welfare Agency of Buckhorn Kentucky Inc is a registered charity in United States, based in Buckhorn, KY. It received its IRS tax-exemption ruling in October 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Presbyterian Child Welfare Agency of Buckhorn Kentucky Inc reported income of $7.8m and spending of $6.9m, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $8.1m to $7.8m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to July 2023, when income rose by 38%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Child Welfare Agency of Buckhorn Kentucky Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Des Moines Area Religious Council ($7.8m), Pine Rest Foundation ($7.8m) and Nourishphx ($7.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 73% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $225k (3.2% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $12.3m against liabilities of $11.8m, net assets of $532k. It reported 147 employees.