Louisville Grows Inc

Analysis

Louisville Grows Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Louisville Grows Inc reported income of $705k and spending of $405k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $705k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Louisville Grows Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Mustard Seed Ministries Inc ($705k), Abode Contemplative Care for the Dying ($705k) and English Together Inc ($704k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Other salaries and wages came to $164k. At year end it held assets of $851k against liabilities of $64k, net assets of $788k. It reported 5 employees.