Community Action of Southern Kentucky Incorporated

Analysis

Community Action of Southern Kentucky Incorporated is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in July 1965, 61 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, Community Action of Southern Kentucky Incorporated reported income of $18.7m and spending of $19.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.3m to $18.7m (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Action of Southern Kentucky 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 Seneca Health Services Inc ($18.7m), Orbis Cascade Alliance ($18.7m) and Community Housing Development Corporation of North Richmond ($18.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $10.0m (52% of expenses). At year end it held assets of $9.5m against liabilities of $2.8m, net assets of $6.7m. It reported 320 employees.