Big Sandy Area Community Action Program Incorporated

Analysis

Big Sandy Area Community Action Program Incorporated is a registered charity in United States, based in Paintsville, KY. It received its IRS tax-exemption ruling in February 1968, 58 years ago. 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 October 2023, Big Sandy Area Community Action Program Incorporated reported income of $19.3m and spending of $19.0m, spending 98% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $15.4m to $19.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to October 2020, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Sandy Area Community Action Program Incorporated sits at the 97th percentile: it is larger than about 97% 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 Goodwill of Arkansas Foundation Inc ($19.3m), Community Programs of Westchester Jewish Community Services ($19.3m) and Youth Opportunities Unlimited the Hale Building ($19.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $118k (0.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $4.3m against liabilities of $1.9m, net assets of $2.4m. It reported 203 employees.