Technology Student Association Kentucky Tech

Analysis

Technology Student Association Kentucky Tech is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in August 1980, 46 years ago. 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 June 2024, Technology Student Association Kentucky Tech reported income of $570k and spending of $533k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $226k to $570k (+152%), an average of +59% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Technology Student Association Kentucky Tech 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 72nd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Bandera County Junior Livestock Show Association ($570k), Galilee Village Plus Inc ($570k) and United Way of Western Nebraska ($570k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.