Ekentucky Advanced Manufacturing Institute Inc

Analysis

Ekentucky Advanced Manufacturing Institute Inc is a registered charity in United States, based in Paintsville, KY. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Ekentucky Advanced Manufacturing Institute Inc reported income of $1.4m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.4m (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ekentucky Advanced Manufacturing Institute Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Natural Capitalism Solutions Inc ($1.4m), Upper White River Basin Foundation Inc ($1.4m) and Tucson Clean and Beautiful Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $207k (15% of expenses). Other salaries and wages came to $369k. At year end it held assets of $4.2m against liabilities of $2,647, net assets of $4.2m. It reported 11 employees.