Louisville Urban League

Analysis

Louisville Urban League is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Louisville Urban League reported income of $23.4m and spending of $19.9m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $23.4m (+436%), an average of +52% a year. The sharpest change came in the year to June 2021, when income rose by 131%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Louisville Urban League sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Yuma Community Food Bank ($23.4m), Friendship Village of Columbus Ohio Inc ($23.4m) and Laradon Hall Society for Exceptional Children and Adults ($23.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Other salaries and wages came to $6.3m. At year end it held assets of $53.3m against liabilities of $20.2m, net assets of $33.2m. It reported 244 employees.