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University of Kentucky Research Foundation

RegisteredEIN 61-6033693Lexington, KYEducation and training
Income$463.0m2023-06
Spending$447.1msame year
Spent / received96%5-year average
Size in its cause100th pctEducation and training
Exempt since1947Supporting organisation
Employees0latest return

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

$0$115.7m$231.5m$347.2m$463.0m2019 Income: $342,151,2892019 Spending: $321,193,09520192020 Income: $346,768,6562020 Spending: $332,809,42220202021 Income: $369,852,0572021 Spending: $366,833,70220212022 Income: $445,323,1682022 Spending: $424,187,31720222023 Income: $462,956,3332023 Spending: $447,136,6612023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.5%
  • Program services 97%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
Early Learning Coalition of Miami- Dade MonroeCoral Gables$460.0m
University of RichmondRichmond$471.3m
President & Fellows of Middlebury CollegeMiddlebury$456.0m
Brandeis UniversityWaltham$478.7m