Kentucky School for the Blind Charitable Foundation Inc

Analysis

Kentucky School for the Blind Charitable Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kentucky School for the Blind Charitable Foundation Inc reported income of $544k and spending of $982k, spending 180% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $544k (-51%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 1127%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky School for the Blind Charitable Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KY. Charities of a similar size with the same main cause include Rhode Island Tutorial & Educational Services Inc ($544k), American Anchorpoint Academies Inc ($544k) and We Shall Read ($544k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% of the total. Other salaries and wages came to $107k. At year end it held assets of $17.8m against liabilities of $78k, net assets of $17.7m. It reported 3 employees.