Kentucky Vocational Association

Analysis

Kentucky Vocational Association is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in April 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kentucky Vocational Association reported income of $852k and spending of $666k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $153k to $852k (+455%), an average of +77% a year. The sharpest change came in the year to June 2023, when income rose by 363%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Vocational Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include The Second Wind Foundation ($852k), Ka Ala Farm Inc ($852k) and B T U Rest Home ($852k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $681k against liabilities of $158k, net assets of $523k.