Kentucky Waterways Alliance Inc

Analysis

Kentucky Waterways Alliance Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Kentucky Waterways Alliance Inc reported income of $988k and spending of $2.2m, spending 226% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $988k (-81%), an average of -34% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 136% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kentucky Waterways Alliance Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KY. Charities of a similar size with the same main cause include Buffalo Nations Grasslands Alliance ($987k), Wyndham Land Trust Inc ($989k) and Keep Akron Beautiful ($986k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $87k (3.9% of expenses). Other salaries and wages came to $163k. At year end it held assets of $11.5m against liabilities of $247k, net assets of $11.3m. It reported 5 employees.