Kentucky Equine Management Internship Program Inc

Analysis

Kentucky Equine Management Internship Program Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Equine Management Internship Program Inc reported income of $133k and spending of $209k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $133k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Equine Management Internship Program Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Northampton County Education Foundation Inc ($133k), Manassas Park Education Foundation Inc ($133k) and Empowered Minds Academy ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Other salaries and wages came to $106k. At year end it held assets of $178k against liabilities of $4,570, net assets of $173k. 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.