Louisville Community Design Center Inc

Analysis

Louisville Community Design Center Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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 Community Design Center Inc reported income of $472k and spending of $486k, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $568k to $472k (-17%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisville Community Design Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Margies Haven House Inc ($472k), Special Ops Xcursions Inc ($472k) and Humboldt Redwoods Interpretive Association ($472k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $71k (15% of expenses). Other salaries and wages came to $254k. At year end it held assets of $440k against liabilities of $288k, net assets of $152k. It reported 11 employees.