Daniel Boone Community Action Agency Inc

Analysis

Daniel Boone Community Action Agency Inc is a registered charity in United States, based in Manchester, KY. It received its IRS tax-exemption ruling in September 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 June 2023, Daniel Boone Community Action Agency Inc reported income of $16.1m and spending of $15.8m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $12.7m to $16.1m (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daniel Boone Community Action Agency Inc sits at the 96th percentile: it is larger than about 96% 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 Greater Green Bay YMCA Inc ($16.1m), Hospice of Southern Il Inc ($16.1m) and P3 Foundation Inc ($16.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $295k (1.9% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $9.3m against liabilities of $2.0m, net assets of $7.4m. It reported 338 employees.