Classical Studies Institute of Louisville Inc

Analysis

Classical Studies Institute of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Classical Studies Institute of Louisville Inc reported income of $505k and spending of $476k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $781k to $505k (-35%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Classical Studies Institute of Louisville Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include MCC PTA Educational Programs Inc ($505k), Roots Family Center ($506k) and Richardson High School Athletic Booster Club Inc ($505k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $68k (14% of expenses). Other salaries and wages came to $257k. At year end it held assets of $236k against liabilities of $104k, net assets of $131k. It reported 20 employees.