Kentucky Council on Problem

Analysis

Kentucky Council on Problem is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Council on Problem reported income of $110k and spending of $102k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $110k (+7.2%), an average of +7.2% a year. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kentucky Council on Problem sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within KY. Charities of a similar size with the same main cause include Fallen Officer Foundation ($110k), Strasburg Lions Club ($110k) and Amys Armoire ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $242, net assets of $75k.