Oldham County Educational Foundation Inc

Analysis

Oldham County Educational Foundation Inc is a registered charity in United States, based in Crestwood, KY. It received its IRS tax-exemption ruling in February 1990, 36 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 2024, Oldham County Educational Foundation Inc reported income of $148k and spending of $192k, spending 129% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $305k to $148k (-51%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 53%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oldham County Educational Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within KY. Charities of a similar size with the same main cause include Coalition for the Remembrance of Elijah Muhammad Inc ($148k), Blackridge Civic Association Inc ($148k) and Mansfield Cancer Foundation ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $9,581 against liabilities of $0, net assets of $9,581.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.