Eastern Kentucky Univ Foundation Inc Giltner CRT 007 38 6206718

Analysis

Eastern Kentucky Univ Foundation Inc Giltner CRT 007 38 6206718 is a registered charity in United States, based in Richmond, KY. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eastern Kentucky Univ Foundation Inc Giltner CRT 007 38 6206718 reported income of $10.8m and spending of $6.1m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $10.8m (+110%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 185%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Kentucky Univ Foundation Inc Giltner CRT 007 38 6206718 sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Friendship Christian School Inc ($10.8m), Unc-G Excellence Foundation ($10.8m) and Hillside School ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. It paid $764 in professional fundraising fees. At year end it held assets of $107.4m against liabilities of $23.3m, net assets of $84.1m.