Kentucky Pilots Association Education Foundation Inc

Analysis

Kentucky Pilots Association Education Foundation Inc is a registered charity in United States, based in Coxs Creek, KY. It received its IRS tax-exemption ruling in January 2020, 6 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, Kentucky Pilots Association Education Foundation Inc reported income of $750k and spending of $202k, leaving 73% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $224k to $750k (+236%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 1306%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Pilots Association Education Foundation Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Foundation for Engineering at Oklahoma State University Inc ($750k), Rockhouse Foundation ($750k) and Coalition for Engaged Education ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 0.5% of the total. At year end it held assets of $1.3m against liabilities of $60k, net assets of $1.3m.