Kentucky Psychological Association Foundation Inc

Analysis

Kentucky Psychological Association Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2022, Kentucky Psychological Association Foundation Inc reported income of $324k and spending of $331k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $314k to $324k (+3.1%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kentucky Psychological Association Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Family Alliance of Paulding Inc ($324k), Equus Effect ($324k) and Sexual Assault Response and Awareness Inc ($324k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 42% and program service revenue 47% of the total. Other salaries and wages came to $165k. At year end it held assets of $262k against liabilities of $119k, net assets of $144k.