Kentucky Center for Agriculture and Rural Development

Analysis

Kentucky Center for Agriculture and Rural Development is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Center for Agriculture and Rural Development reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $707k to $1.2m (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kentucky Center for Agriculture and Rural Development sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Youth Service Bureau of Porter County Inc ($1.2m), Kangaroos Pouch Inc ($1.2m) and Florida Pba Heart Fund Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.8% of the total. Other salaries and wages came to $664k. At year end it held assets of $388k against liabilities of $13k, net assets of $376k. It reported 14 employees.