Avol Kentucky Inc

Analysis

Avol Kentucky Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1990, 36 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 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, Avol Kentucky Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.7m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avol Kentucky Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Riverbend Head Start & Family Services Inc ($1.7m), Cancer Carepoint Inc ($1.7m) and Memorial Health System Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $447k. At year end it held assets of $1.0m against liabilities of $519k, net assets of $529k. It reported 11 employees.