Charities Guild of Northern Kentucky Inc

Analysis

Charities Guild of Northern Kentucky Inc is a registered charity in United States, based in Fort Thomas, KY. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Charities Guild of Northern Kentucky Inc reported income of $53k and spending of $75k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $53k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charities Guild of Northern Kentucky Inc sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within KY. Charities of a similar size with the same main cause include Foster Care Clothing Closet Inc ($53k), Our House Cafe ($53k) and Childrens Committee of Warren County Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 89% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.