S โ€” Community Improvement & Capacity BuildingEIN: 611291304ยท Ruling Year: 1996

The Center For Kentucky Rural Economic Development Inc

Somerset, Kentucky

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$8.3M
Total Revenue
๐Ÿ“Š
$9.0M
Total Expenses
๐Ÿฆ
$50.3M
Net Assets
๐Ÿ“‹
$2.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-9.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.58
Net assets divided by total expenses
Liabilities-to-Assets
5.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$8,257,213โ†‘8%$9,002,610โ†‘30%$53,128,428โ†‘1%
2022$7,680,890โ†“28%$6,901,640โ†‘12%$52,726,644โ†‘1%
2021$10,723,705โ†“71%$6,153,616โ†“17%$52,060,877โ†‘8%
2020$37,022,328โ†‘439%$7,444,641โ†‘3%$48,106,212โ†‘159%
2019$6,866,554โ†‘6%$7,234,788โ†‘4%$18,560,214โ†“3%
2018$6,504,671โ†“9%$6,931,238โ†“9%$19,126,467โ†‘1%
2017$7,140,896โ†“12%$7,629,799โ†“13%$18,935,915โ†‘2%
2016$8,150,328โ†‘46%$8,759,646โ†‘36%$18,484,873โ†“5%
2015$5,587,593โ†‘20%$6,425,249โ†‘14%$19,396,121โ†“2%
2014$4,646,228โ†“18%$5,636,039โ†“11%$19,703,432โ†“6%
2013$5,651,161โ†“15%$6,357,822โ†“10%$20,888,080โ†“4%
2012$6,625,903$7,050,396โ†“1%$21,715,265โ†“2%
2011$6,597,446โ†‘3%$7,125,236โ†‘6%$22,188,405โ†“3%
2010$6,408,943$6,748,564$22,894,491

Frequently Asked Questions

What does The Center For Kentucky Rural Economic Development Inc do?โ–ผ

The Center For Kentucky Rural Economic Development Inc is a community improvement & capacity building nonprofit organization based in Kentucky. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Center For Kentucky Rural Economic Development Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, The Center For Kentucky Rural Economic Development Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Center For Kentucky Rural Economic Development Inc generate?โ–ผ

The Center For Kentucky Rural Economic Development Inc reports $9.9M in annual revenue and holds $60.9M in total assets, based on IRS filings.

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The Center For Kentucky Rural Economic Development Inc โ€” Somerset, KY | GiveScope