Kentucky Farm Bureau Insurance Foundation Inc

Analysis

Kentucky Farm Bureau Insurance Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 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 Farm Bureau Insurance Foundation Inc reported income of $308k and spending of $292k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $212k to $308k (+45%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Farm Bureau Insurance Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KY. Charities of a similar size with the same main cause include Holt Rams Booster Club ($308k), Prepare Institute ($308k) and Trinity Classical Academy ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 145% of the total. At year end it held assets of $66k against liabilities of $22k, net assets of $45k.