Kentucky Optometric Foundation Inc

Analysis

Kentucky Optometric Foundation Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Kentucky Optometric Foundation Inc reported income of $76k and spending of $34k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $76k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kentucky Optometric Foundation 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 30th percentile, and in the 28th percentile within KY. Charities of a similar size with the same main cause include Outer Banks Dementia Friendly Coalition Inc ($76k), New York Spirit Charities Inc ($76k) and Baines Legacy ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $307k against liabilities of $19k, net assets of $288k.