The Old Louisville Neighborhood Council Inc

Analysis

The Old Louisville Neighborhood Council Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1984, 42 years ago. 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, The Old Louisville Neighborhood Council Inc reported income of $130k and spending of $115k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $232k to $130k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Old Louisville Neighborhood Council Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Arc of Alabama ($130k), San Ramon Valley Education Foundation ($130k) and Neighborhood Nursery School Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $314k against liabilities of $85, net assets of $314k.