United Way of Central Kentucky Inc

Analysis

United Way of Central Kentucky Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in March 2002, 24 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 March 2022, United Way of Central Kentucky Inc reported income of $989k and spending of $783k, leaving 21% of income unspent that year. Across the 4 years on record, from March 2019 to March 2022, income fell from $1.2m to $989k (-18%), an average of -6.3% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Way of Central Kentucky Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KY. Charities of a similar size with the same main cause include Sarahs House ($989k), Academy for Children ($989k) and Coastal Womens Shelter Inc ($989k).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $77k (9.8% of expenses). Other salaries and wages came to $109k. At year end it held assets of $1.4m against liabilities of $113k, net assets of $1.3m. It reported 6 employees.