Feeding Kentucky Inc

Analysis

Feeding Kentucky Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in April 2002, 24 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 June 2023, Feeding Kentucky Inc reported income of $2.3m and spending of $2.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.3m (+123%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding Kentucky Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Empowerment Center ($2.3m), National Runaway Switchboard ($2.3m) and Broadway Filmore Neighborhood Housing Services Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (3.7% of expenses). Other salaries and wages came to $241k. At year end it held assets of $1.1m against liabilities of $50k, net assets of $1.1m. It reported 5 employees.