Louisville Collegiate School

Analysis

Louisville Collegiate School is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Louisville Collegiate School reported income of $21.8m and spending of $23.3m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $16.6m to $21.8m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisville Collegiate School sits at the 96th percentile: it is larger than about 96% 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 Mirman School for Gifted Children ($21.8m), Shefa School ($21.8m) and Eugenio Maria de Hostos Charter School ($21.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.8% and program service revenue 98% of the total. Other salaries and wages came to $9.0m. At year end it held assets of $46.7m against liabilities of $5.7m, net assets of $41.0m. It reported 232 employees.