Ballard County Cooperative Ministry

Analysis

Ballard County Cooperative Ministry is a registered charity in United States, based in LA Center, KY. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Ballard County Cooperative Ministry reported income of $118k and spending of $121k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $118k (+8.4%), an average of +8.4% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ballard County Cooperative Ministry sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Grand Council Benevolent Fund Inc ($118k), Christopher Housing ($118k) and Paynesville Community Service Center Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.