Health Care (E220) IRS Verified DX Registered 990 on File

NORTON - KINGS DAUGHTERS HEALTH INC

EIN: 35-0895832 · LOUISVILLE, KY 40202-0000 · United States · FY 2023 Data

3 out of 5 48 / 100 Based on 2+ years of filings

Financial strength (30%) 50/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

The mission of King’s Daughters’ Health (KDH) School of Radiologic Technology is to provide a quality education in the radiographic sciences, utilizing a current, progressive, twenty-four month competency-based clinical/didactic method of instruction. This prepares our graduates for a professional career as a radiographer and to sit for the ARRT (American Registry of Radiologic Technologists) national registry, which is accomplished only by integrating this new knowledge and skill with The KDH mission.

Financial Overview — FY 2023

$144.1M

Total Revenue

$164.0M

Total Expenses

$-48,195,463

Net Assets

1046

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 81.5%

Fundraising Efficiency 451.5%

Operating Reserve -3.53x

Liability-to-Asset 114.5%

Revenue Diversification 95.5%

Executive Compensation $1.2M

Compared with Peers

FY 2023

Compared with 1,811 similar organizations (United States, Health Care, $100M and over in expenses), FY 2023.

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	81.5%	87.3%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	18.4%	12.7%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.1%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	451.5%	478.2%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	-3.5 mo	6.0 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	114.5%	46.1%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	95.5%	96.8%	P10P90	Above median
Revenue growth Year over year revenue growth	-1.5%	6.3%	P10P90
Expense growth Year over year expense growth	16.2%	6.6%	P10P90
Surplus margin Surplus as a share of revenue	-13.8%	1.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$144.1M	$164.0M	$-48,195,463	81.5%	1046
2022	$146.4M	$141.1M	$-42,708,567	77.8%	1045
2021	$171.9M	$137.1M	N/A	—	1102

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Organization Details

EIN: 35-0895832
State: KY
City: LOUISVILLE
ZIP: 40202-0000
Classification: E220
Category: Health Care
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1982
Foundation Code: 12
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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