Kba Prime

Analysis

Kba Prime is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Kba Prime reported income of $258k and spending of $227k, spending 88% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $229k to $258k (+12%), an average of +12% a year. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kba Prime sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KY. Charities of a similar size with the same main cause include Minnesota Sting Athletic Association ($257k), Great Bay Rowing Inc ($258k) and Gilbert Athletic Booster Club ($257k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.