Northeast Kentucky Community Action Agency Inc

Analysis

Northeast Kentucky Community Action Agency Inc is a registered charity in United States, based in Olive Hill, KY. It received its IRS tax-exemption ruling in July 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Northeast Kentucky Community Action Agency Inc reported income of $16.9m and spending of $15.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $16.9m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northeast Kentucky Community Action Agency 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 Highland School Inc ($16.9m), Child & Family Services of Eastern Virginia Inc ($16.9m) and Hearts for Hearing Foundation ($16.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $2.0m against liabilities of $270k, net assets of $1.7m. It reported 314 employees.