Louisville Bar Foundation Inc Endowment Fund

Analysis

Louisville Bar Foundation Inc Endowment Fund is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Bar Foundation Inc Endowment Fund reported income of $255k and spending of $214k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $217k to $255k (+18%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 79% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Louisville Bar Foundation Inc Endowment Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within KY. Charities of a similar size with the same main cause include DC National Association for the Advancemet of Returning Citizens ($255k), Access Life Inc ($255k) and Placer County Sheriffs Council Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $30k (14% of expenses). At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.