Kentucky Association of Student Financial Aid Administrators Inc

Analysis

Kentucky Association of Student Financial Aid Administrators Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kentucky Association of Student Financial Aid Administrators Inc reported income of $95k and spending of $90k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $95k (+11%), an average of +11% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Association of Student Financial Aid Administrators Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within KY. Charities of a similar size with the same main cause include Nordonia Hills Schools Scholarship Granting Organization ($95k), Westmoore Kickoff Club ($95k) and Associated Modelers of Sacramento Inc ($95k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 84% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.