Hugh Edward Sandefur Training Center Inc

Analysis

Hugh Edward Sandefur Training Center Inc is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in July 1968, 58 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Hugh Edward Sandefur Training Center Inc reported income of $980k and spending of $1.1m, spending 111% of what it took in. Across the 6 years on record, from September 2015 to September 2023, income fell from $2.4m to $980k (-59%), an average of -16% a year. The sharpest change came in the year to September 2019, when income dropped by 48%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hugh Edward Sandefur Training Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KY. Charities of a similar size with the same main cause include Sonder Solutions Inc ($980k), Associated Builders and Contractors of Southeast Texas ($980k) and Jefferson Economic Developement Institute ($979k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 72% of the total. Other salaries and wages came to $552k. At year end it held assets of $637k against liabilities of $629k, net assets of $7,703. It reported 53 employees.