Louisville Housing Inc

Analysis

Louisville Housing Inc is a registered charity in United States, based in Chase Milles, NY. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Louisville Housing Inc reported income of $149k and spending of $154k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $149k (+7.9%), an average of +1.9% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Louisville Housing Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Cumberland Homes for Elderly Inc ($149k), Regal Oaks Apartments Inc ($149k) and Wesley Senior Ministries Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $459k against liabilities of $702k, net assets of -$243k.