Greenup-Boyd Riverport Authority

Analysis

Greenup-Boyd Riverport Authority is a registered charity in United States, based in Greenup, KY. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenup-Boyd Riverport Authority reported income of $355k and spending of $328k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $355k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenup-Boyd Riverport Authority sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include San Juan Islands Museum of Art ($355k), Russell-Bryant-Jordan Scholar Athlete Foundation Inc ($355k) and Tyson Place Housing Development Fund Company Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $5.2m against liabilities of $4.4m, net assets of $764k.