Bourbon Heights Incorporated

Analysis

Bourbon Heights Incorporated is a registered charity in United States, based in Paris, KY. It received its IRS tax-exemption ruling in January 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bourbon Heights Incorporated reported income of $8.8m and spending of $9.3m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.0m to $8.8m (+9.5%), an average of +2.3% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bourbon Heights Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include St Thomas East End Medical Center Corporation ($8.8m), Stedman-Wade Health Services Inc ($8.8m) and United Cerebral Palsy Association of Central California Inc ($8.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $3.0m against liabilities of $1.3m, net assets of $1.7m. It reported 204 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.