Parks Alliance of Louisville Inc

Analysis

Parks Alliance of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parks Alliance of Louisville Inc reported income of $5.5m and spending of $6.0m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $5.5m (+1128%), an average of +87% a year. The sharpest change came in the year to December 2021, when income rose by 1667%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Parks Alliance of Louisville Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Walker Basin Conservancy ($5.5m), Tennessee Wildlife Federation Incorporated ($5.5m) and Environment Next Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $125k (2.1% of expenses). Other salaries and wages came to $198k. At year end it held assets of $3.4m against liabilities of $141k, net assets of $3.3m. It reported 8 employees.