Commonwealth of Kentucky Childrens Home Corporation

Analysis

Commonwealth of Kentucky Childrens Home Corporation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Commonwealth of Kentucky Childrens Home Corporation reported income of $74k and spending of $70k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $109k to $74k (-32%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Commonwealth of Kentucky Childrens Home Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KY. Charities of a similar size with the same main cause include Zephyrs Youth Football Association ($74k), VFW Post 3670 Youth Group ($74k) and Id8 ($74k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.