Western Kentucky Refugee Mutual Assistance Society Inc

Analysis

Western Kentucky Refugee Mutual Assistance Society Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in May 1986, 40 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 September 2023, Western Kentucky Refugee Mutual Assistance Society Inc reported income of $8.7m and spending of $7.4m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.2m to $8.7m (+175%), an average of +29% a year. The sharpest change came in the year to September 2022, when income rose by 128%. 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, Western Kentucky Refugee Mutual Assistance Society Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Tolentine Zeiser Community Life Center Inc ($8.7m), Spectrum Inc ($8.7m) and El Paso Human Services Inc ($8.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $115k (1.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.6m against liabilities of $611k, net assets of $2.0m. It reported 64 employees.