Kentucky Hemophilia Foundation Inc

Analysis

Kentucky Hemophilia Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1997, 29 years ago. 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 June 2023, Kentucky Hemophilia Foundation Inc reported income of $285k and spending of $263k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $321k to $285k (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Hemophilia Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KY. Charities of a similar size with the same main cause include Primeira Igreja Batista Brasileira de Orlando ($285k), The Masters Vessel Ministries ($285k) and Friends for Neighborhood Progress ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $82k (31% of expenses). Other salaries and wages came to $12k. At year end it held assets of $649k against liabilities of $52k, net assets of $597k. It reported 2 employees.