Kentucky Workers Compensation Educational Association Inc

Analysis

Kentucky Workers Compensation Educational Association Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kentucky Workers Compensation Educational Association Inc reported income of $77k and spending of $53k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $77k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Workers Compensation Educational Association Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KY. Charities of a similar size with the same main cause include Marshall Music Boosters ($77k), Center for Intellectual & Developmental Disabilities Inc ($77k) and Maharat for Development ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.