Council on Licensure Enforcement and Regulation Inc

Analysis

Council on Licensure Enforcement and Regulation Inc is a registered charity in United States, based in Nicholasville, KY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, Council on Licensure Enforcement and Regulation Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.2m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council on Licensure Enforcement and Regulation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include World Foundation for Girl Guides and Girl Scouts Inc ($2.2m), Otsego County Commission on Aging ($2.2m) and River Garden Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 85% of the total. Other salaries and wages came to $804k. At year end it held assets of $3.2m against liabilities of $848k, net assets of $2.4m. It reported 10 employees.