Ky Wounded Heroes Inc

Analysis

Ky Wounded Heroes Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ky Wounded Heroes Inc reported income of $223k and spending of $166k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $223k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ky Wounded Heroes Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Matthew 25 35 Ministries ($223k), Arklatex 100 Club ($223k) and Up B4 the Son Ministries & Charities ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $102k against liabilities of $1,722, net assets of $100k.