Commonwealth Of Kentucky Childrens Home Corporation
EIN: 616025336 · Louisville, KY · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $937K |
| Total Expenses | $70K |
| Net Assets | $1.8M |
Is Commonwealth Of Kentucky Childrens Home Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Commonwealth Of Kentucky Childrens Home Corporation
Commonwealth Of Kentucky Childrens Home Corporation (EIN: 616025336) is a nonprofit organization based in Louisville, KY, classified under NTEE code O50. The organization reported total revenue of $937K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commonwealth Of Kentucky Childrens Home Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Commonwealth Of Kentucky Childrens Home Corporation is a small nonprofit that has been operating for 5 years, with 6 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $70K |
| Surplus / Deficit | +$4K |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | 5.8% |
| Months of Reserves | 308.5 months |
Financial Health Grade: A
In 2023, Commonwealth Of Kentucky Childrens Home Corporation reported a surplus of $4K with revenue exceeding expenses, holds 308.5 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2010–2023), Commonwealth Of Kentucky Childrens Home Corporation's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.2% | +0.5% | +0.2% |
| 2022 | -69.8% | -14.4% | -0.8% |
| 2021 | +64.4% | +45.4% | +5.8% |
| 2020 | +25.8% | +68.1% | +36.4% |
| 2012 | -9.8% | +40.1% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Commonwealth Of Kentucky Childrens Home Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Commonwealth Of Kentucky Childrens Home Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Commonwealth Of Kentucky Childrens Home Corporation
Is Commonwealth Of Kentucky Childrens Home Corporation a legitimate charity?
Commonwealth Of Kentucky Childrens Home Corporation (EIN: 616025336) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. Total revenue: $937K. No red flags identified. Financial health grade: A.
How does Commonwealth Of Kentucky Childrens Home Corporation spend its money?
Commonwealth Of Kentucky Childrens Home Corporation reported $937K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Commonwealth Of Kentucky Childrens Home Corporation tax-deductible?
Commonwealth Of Kentucky Childrens Home Corporation is registered as a tax-exempt nonprofit (EIN: 616025336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Commonwealth Of Kentucky Childrens Home Corporation located?
Commonwealth Of Kentucky Childrens Home Corporation is headquartered in Louisville, Kentucky and files with the IRS under EIN 616025336. It is classified under NTEE code O50.
How many years of IRS 990 filings does Commonwealth Of Kentucky Childrens Home Corporation have?
Commonwealth Of Kentucky Childrens Home Corporation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $937K in total revenue.
Filing History
IRS 990 filing history for Commonwealth Of Kentucky Childrens Home Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2023), Commonwealth Of Kentucky Childrens Home Corporation's revenue has declined by 23.3%, moving from $96K to $74K. Total assets increased by 57.4% over the same period, from $1.1M to $1.8M. Total functional expenses rose by 194.7%, from $24K to $70K. In its most recent filing year (2023), Commonwealth Of Kentucky Childrens Home Corporation reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $70K | $1.8M | $0 | — | View 990 |
| 2022 | $54K | $69K | $1.8M | $0 | — | — |
| 2021 | $180K | $81K | $1.8M | $0 | — | — |
| 2020 | $109K | $56K | $1.7M | $0 | — | — |
| 2012 | $87K | $33K | $1.2M | $0 | — | View 990 |
| 2010 | $96K | $24K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $70K, and assets of $1.8M (revenue +36.2% year-over-year).
- 2022: Revenue of $54K, expenses of $69K, and assets of $1.8M (revenue -69.8% year-over-year).
- 2021: Revenue of $180K, expenses of $81K, and assets of $1.8M (revenue +64.4% year-over-year).
- 2020: Revenue of $109K, expenses of $56K, and assets of $1.7M (revenue +25.8% year-over-year).
- 2012: Revenue of $87K, expenses of $33K, and assets of $1.2M (revenue -9.8% year-over-year).
- 2010: Revenue of $96K, expenses of $24K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Commonwealth Of Kentucky Childrens Home Corporation:
Data Sources and Methodology
This transparency report for Commonwealth Of Kentucky Childrens Home Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.