Queer Kentucky Incorporated

Analysis

Queer Kentucky Incorporated is a registered charity in United States, based in Covington, KY. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Queer Kentucky Incorporated reported income of $383k and spending of $377k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $265k to $383k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Queer Kentucky Incorporated 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 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Chamber Music Unbound ($383k), Bellingham Circus Guild ($383k) and American-Italian Heritage Society Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $58k. At year end it held assets of $86k against liabilities of $88, net assets of $86k. It reported 2 employees.