Estill County-21 Century Inc

Analysis

Estill County-21 Century Inc is a registered charity in United States, based in Irvine, KY. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Estill County-21 Century Inc reported income of $83k and spending of $104k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $140k to $83k (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 44%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Estill County-21 Century Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within KY. Charities of a similar size with the same main cause include Federacion Zacatecana Inc ($83k), Junior League of Arlington Texas Inc ($83k) and Choose Clark County ($83k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $41k (40% of expenses). Other salaries and wages came to $16k. At year end it held assets of $121k against liabilities of $44k, net assets of $77k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.