Central Kentucky Community Foundation Inc

Analysis

Central Kentucky Community Foundation Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Central Kentucky Community Foundation Inc reported income of $4.8m and spending of $2.6m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.8m (+26%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Kentucky Community Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Professional Child Care Provider Association ($4.8m), Promontory School of Expeditionary Learning ($4.8m) and Rivermont Collegiate ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $162k (6.1% of expenses). Other salaries and wages came to $172k. At year end it held assets of $36.1m against liabilities of $1.9m, net assets of $34.1m. It reported 6 employees.