Cave Hill Heritage Foundation Incorporated

Analysis

Cave Hill Heritage Foundation Incorporated is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover mutual and membership 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 December 2023, Cave Hill Heritage Foundation Incorporated reported income of $413k and spending of $200k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $413k (+135%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cave Hill Heritage Foundation Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within KY. Charities of a similar size with the same main cause include 2nd Act Org Inc ($413k), Pathways Volunteer Hospice ($413k) and Habitat for Humanity International Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 4.5% of the total. At year end it held assets of $768k against liabilities of $8,800, net assets of $759k.