Central Kentucky Management Services Inc

Analysis

Central Kentucky Management Services Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Kentucky Management Services Inc reported income of $41.1m and spending of $41.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.5m to $41.1m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Kentucky Management Services 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 98th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include Rochester Regional Health ($41.1m), Geisinger Community Health Services ($41.1m) and Brodstone Memorial Hospital ($41.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $31.5m. At year end it held assets of $2.5m against liabilities of $2.5m, net assets of $0. It reported 645 employees.