KENTUCKY MEDICAL SERVICES FOUNDATION INC
2317 ALUMNI PARK PLZ STE 300, LEXINGTON, KY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $410,772,197 | $410,890,638 | $22,177,688 |
| FY2024 | $386,161,975 | $387,545,207 | $22,296,129 |
| FY2023 | $373,736,278 | $375,837,558 | $23,679,361 |
| FY2022 | $344,312,240 | $345,160,706 | $25,780,641 |
| FY2021 | $425,440,367 | $424,979,313 | $26,629,107 |
| FY2020 | $411,887,062 | $413,778,156 | $26,168,053 |
| FY2019 | $381,964,398 | $390,295,858 | $28,059,147 |
| FY2018 | $359,167,901 | $356,958,787 | $36,390,607 |
| FY2017 | $358,200,113 | $360,114,883 | $34,181,493 |
| FY2016 | $326,438,269 | $323,851,452 | $36,096,263 |
| FY2015 | $306,658,795 | $295,668,294 | $33,509,446 |
| FY2014 | $236,236,778 | $234,504,406 | $17,695,822 |
| FY2013 | $225,123,952 | $225,507,132 | $15,963,450 |
| FY2012 | $223,103,456 | $223,243,445 | $16,516,916 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $376,832,809 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $380,057,912 | 92% |
| Management & general | $30,832,726 | 8% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 92% of functional expenses, management & general 8%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2025. That is higher than 84.1% of 44 Education organizations in KY.
- Net assets covered about 0.6 months of expenses at the end of the reporting year. That puts it in the 4th percentile among 630 Education organizations in KY.
- Total revenue was higher than 99.8% of 643 Education organizations in KY.
- Total revenue rose from $223,103,456 in FY2012 to $410,772,197 in FY2025, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 14 reported years (FY2012, FY2013, FY2017, FY2019, FY2020, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $425,440,367 in FY2021.
- Net assets grew from $16,516,916 to $22,177,688 between FY2012 and FY2025.
- Donations may be deductible (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
SUPPORTING THE UNIVERSITY OF KY SO IT MAY ACHIEVE ITS GOALS IN HEALTHCARE
IRS status
| Ruling year | 1980 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education |
| Donations | Donations may be deductible (supporting organization, type unspecified). |
Similar organizations
- UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION — LEXINGTON, KY · $496,128,536
- UNIVERSITY OF THE CUMBERLANDS INC — WILLIAMSBURG, KY · $229,487,179
- BEREA COLLEGE — BEREA, KY · $212,253,438
- UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION INC — LOUISVILLE, KY · $659,270,973
- CENTRE COLLEGE OF KENTUCKY — DANVILLE, KY · $139,089,920
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.