Hopkinsville Rotary Charitable Trust Inc

Analysis

Hopkinsville Rotary Charitable Trust Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Hopkinsville Rotary Charitable Trust Inc reported income of $493k and spending of $374k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $589k to $493k (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income rose by 179%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hopkinsville Rotary Charitable Trust Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include Bright Choice Foundation ($493k), Montessori Plus School ($493k) and Chesterton Academy of Saint Joseph ($493k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 0.4% of the total. Other salaries and wages came to $41k. At year end it held assets of $3.6m against liabilities of $1,954, net assets of $3.6m. It reported 1 employees.