Kentucky Center for Special Childrens Services

Analysis

Kentucky Center for Special Childrens Services is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1969, 57 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kentucky Center for Special Childrens Services reported income of $1.7m and spending of $1.4m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.7m (+16%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Center for Special Childrens Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Friends R Fun Child Development Center Inc ($1.7m), South Florida Operating Engineers Apprentice & Training Fund ($1.7m) and Integrated Community Work Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $78k (5.5% of expenses). Other salaries and wages came to $974k. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.4m. It reported 38 employees.