Breckinridge-Grayson Programs Inc

Analysis

Breckinridge-Grayson Programs Inc is a registered charity in United States, based in Leitchfield, KY. It received its IRS tax-exemption ruling in January 1973, 53 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 May 2024, Breckinridge-Grayson Programs Inc reported income of $6.4m and spending of $5.7m, spending 89% of its income. Across the 5 years on record, from May 2019 to May 2024, income grew from $3.7m to $6.4m (+74%), an average of +15% a year. The sharpest change came in the year to May 2024, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Breckinridge-Grayson Programs Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Food for Greater Elgin Inc ($6.4m), Project Just Because Inc ($6.4m) and Find Aid for the Aged Inc ($6.4m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $3.8m against liabilities of $393k, net assets of $3.4m. It reported 124 employees.