Louisville Pride Foundation

Analysis

Louisville Pride Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover civil rights, social action and advocacy, 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 Pride Foundation reported income of $437k and spending of $588k, spending 135% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $83k to $437k (+426%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 2946%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Louisville Pride Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Casa for Kids Inc ($436k), Skylight Engagement Inc ($437k) and Queer Humboldt ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $142k (24% of expenses). At year end it held assets of $79k against liabilities of $11k, net assets of $68k.