Paducah Junior College Corp

Analysis

Paducah Junior College Corp is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in October 1945, 81 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Paducah Junior College Corp reported income of $4.5m and spending of $5.0m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $4.5m (+66%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 669%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paducah Junior College Corp sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Atlanta Dream Academy ($4.5m), Influence 1 ($4.5m) and Valley of the Sun Waldorf Education Association Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 8.0% of the total. Other salaries and wages came to $475k. At year end it held assets of $44.8m against liabilities of $1.2m, net assets of $43.5m. It reported 2 employees.