Christian County Hopkinsville Development Corp

Analysis

Christian County Hopkinsville Development Corp is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in June 1989, 37 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 June 2023, Christian County Hopkinsville Development Corp reported income of $1.1m and spending of $928k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $868k to $1.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian County Hopkinsville Development Corp sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Borough of Manhattan Community College Auxiliary Enterprises Corp ($1.1m), Weshine Welcoming Empowering Safe Habitation Initiative ($1.1m) and Disabled Veterans Charities Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 3.8% of the total. At year end it held assets of $2.2m against liabilities of $32k, net assets of $2.2m.