Central Kentucky Special Education Co-Operative

Analysis

Central Kentucky Special Education Co-Operative is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Kentucky Special Education Co-Operative reported income of $4.5m and spending of $4.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $4.5m (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Kentucky Special Education Co-Operative sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Emmett & Miriam McCoy College of Bus Admin Development Foundation ($4.5m), Fellowship Academy ($4.5m) and Founders First Community Development Corporation Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $194k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.6m against liabilities of $497k, net assets of $2.1m. It reported 52 employees.