University of Kentucky Research Foundation
Analysis
University of Kentucky Research Foundation is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 1947, 79 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, University of Kentucky Research Foundation reported income of $463.0m and spending of $447.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $342.2m to $463.0m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, University of Kentucky Research Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within KY. Charities of a similar size with the same main cause include Early Learning Coalition of Miami- Dade Monroe ($460.0m), University of Richmond ($471.3m) and President & Fellows of Middlebury College ($456.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. At year end it held assets of $234.3m against liabilities of $60.5m, net assets of $173.8m.
Income and spending
Where the income comes from
- Contributions & grants 1.5%
- Program services 97%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Early Learning Coalition of Miami- Dade Monroe | Coral Gables | $460.0m |
| University of Richmond | Richmond | $471.3m |
| President & Fellows of Middlebury College | Middlebury | $456.0m |
| Brandeis University | Waltham | $478.7m |