Kentucky Auctioneers Assn Inc

Analysis

Kentucky Auctioneers Assn Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Auctioneers Assn Inc reported income of $78k and spending of $58k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $76k to $78k (+3.2%), an average of +1.6% a year. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kentucky Auctioneers Assn Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within OK. Charities of a similar size with the same main cause include 1 Worker 1 Vote Inc ($78k), TWS Community Outreach Inc ($79k) and Junction City-Jackson Post 376 Honor Guard Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 73% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.