United Way of Eastern Kentucky Inc

Analysis

United Way of Eastern Kentucky Inc is a registered charity in United States, based in Prestonsburg, KY. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 December 2023, United Way of Eastern Kentucky Inc reported income of $58k and spending of $46k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $58k (+4.7%), an average of +4.7% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Eastern Kentucky Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Leominster Historical Society Inc ($58k), University Series Foundation Inc ($58k) and Fergus Falls Concert Association ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $132k against liabilities of $9,758, net assets of $122k.