Kentucky Entrepreneurship Education Network

Analysis

Kentucky Entrepreneurship Education Network is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2016, 10 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 September 2023, Kentucky Entrepreneurship Education Network reported income of $1.0m and spending of $851k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $395k to $1.0m (+161%), an average of +27% a year. The sharpest change came in the year to September 2022, when income rose by 54%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Entrepreneurship Education Network 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 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Jubilee School ($1.0m), STEM Greenhouse Inc ($1.0m) and Van Go Mobile Arts Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Other salaries and wages came to $294k. At year end it held assets of $1.4m against liabilities of $10k, net assets of $1.4m. It reported 16 employees.