Kentucky School Boards Association Educational Foundation Inc

Analysis

Kentucky School Boards Association Educational Foundation Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Kentucky School Boards Association Educational Foundation Inc reported income of $718k and spending of $693k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $555k to $718k (+29%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky School Boards Association Educational Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Napa-Solano Countys Electrical Inds Apprenticeship & Training TR ($718k), One School at a Time Inc ($718k) and Bella Abzug Leadership Institute Inc ($718k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $83k. At year end it held assets of $317k against liabilities of $201k, net assets of $116k.