Kentuckyone Health Inc

Analysis

Kentuckyone Health Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kentuckyone Health Inc reported income of $4.8m and spending of $16.5m, spending 341% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $38.8m to $4.8m (-88%), an average of -41% a year. The sharpest change came in the year to June 2022, when income rose by 156%. Over the whole period it spent 270% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kentuckyone Health Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Health Leads Inc ($4.8m), Flying Colors of Success Inc ($4.8m) and Outreach Health Services Inc ($4.8m).

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 $2.6m. At year end it held assets of $11.3m against liabilities of $62.9m, net assets of -$51.6m. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.