Charity Search / AUDUBON AREA COMMUNITY SERVICES INC
Human Services (P200) IRS Verified DX Registered 990 on File

AUDUBON AREA COMMUNITY SERVICES INC

EIN: 23-7364935 · OWENSBORO, KY 42301-1952 · United States · FY 2024 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

About Audubon Area Community Services Audubon Area Community Services, Inc., headquartered in Owensboro, Kentucky, is a 1975 consolidation of two agencies – one based in Henderson, the other in Owensboro – both founded in 1966. In 1975, the agency served the seven-county Green River area and had approximately $1 million in funding and 65 staff members. Currently the agency serves the 34-county area of Green River, Pennyrile, Barren River and Purchase with over $50 million in funding and 600 employees. Audubon Area is a results-driven agency with established policies, clearly defined responsibilities for staff, sound fiscal and IT systems and the infrastructure necessary to provide services in our regions. area map Audubon Area is the largest of twenty-three community action agencies serving the residents of Kentucky. Community action agencies are federally designated entities originating from President Johnson’s “War on Poverty.” As a community action agency, Audubon Area is a private, nonprofit 501 (c) (3) corporation governed by a tri-partite, twenty-seven member board of directors consisting of the consumers of agency services, elected public officials, and the private sector - business people, educators or representatives of local organizations. The basic functions of our agency is to seek out, identify and work toward mitigating the causes of poverty within the community; to make the community more responsive to the needs and interests of the low-income by mobilizing available resources and instilling a greater institutional sense; and to develop a system of priorities among projects as needed for the most effective and efficient use of resources for services to low-income people.

Financial Overview — FY 2024
$59.3M
Total Revenue
$56.9M
Total Expenses
$56.0M
Net Assets
1038
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 94.4%
Fundraising Efficiency N/A
Operating Reserve 11.82x
Liability-to-Asset 13.1%
Revenue Diversification 63.3%
Executive Compensation $488K
Compared with Peers
FY 2024
Compared with 2,036 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
94.4% 87.5%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
5.6% 11.1%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.2%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
11.8 mo 6.5 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
13.1% 32.8%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
63.3% 92.7%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-6.4% 7.6%
P10P90
Expense growth
Year over year expense growth
5.4% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
4.1% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $59.3M $56.9M $56.0M 94.4% 1038
2023 $63.4M $54.0M $53.3M 94.7% 1056
2022 $63.9M $59.3M $43.7M 95.8% 940
2021 $56.8M $51.5M N/A — 875
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Organization Details
EIN
23-7364935
State
KY
City
OWENSBORO
ZIP
42301-1952
Classification
P200
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1966
Foundation Code
15
Form 990
On File
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