Louisville Water Foundation

Analysis

Louisville Water Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Water Foundation reported income of $599k and spending of $574k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $456k to $599k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 427%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Louisville Water Foundation 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 73rd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Tropical Audubon Society Inc ($599k), Rural Association of Mead Valley ($600k) and Cactus & Succulent Society of America Inc ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.1m against liabilities of $772, net assets of $1.1m.