Kentucky Farm Bureau Education Foundation Inc
Analysis
Kentucky Farm Bureau Education Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 1965, 61 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 December 2023, Kentucky Farm Bureau Education Foundation Inc reported income of $203k and spending of $199k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $203k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 520%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Farm Bureau Education Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Wraparound Shelby ($203k), Habitat for Humanity International Inc ($203k) and Friends of the Erie County Library Inc ($203k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $459k against liabilities of $85k, net assets of $374k.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wraparound Shelby | Memphis | $203k |
| Habitat for Humanity International Inc | Wenatchee | $203k |
| Friends of the Erie County Library Inc | Erie | $203k |
| Helping Hands of Paulding County Inc | Dallas | $203k |