Leadership Louisville Foundation Incorporated

Analysis

Leadership Louisville Foundation Incorporated is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Leadership Louisville Foundation Incorporated reported income of $2.9m and spending of $3.6m, spending 123% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.1m to $2.9m (+38%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Louisville Foundation Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Geneva Lakes Family Young Mens Christian Association Inc ($2.9m), Urban League of Springfield Inc ($2.9m) and The Childrens School Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $260k (7.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.0m against liabilities of $1.2m, net assets of $4.9m. It reported 33 employees.