Leadingage Kentucky Foundation Inc

Analysis

Leadingage Kentucky Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Leadingage Kentucky Foundation Inc reported income of $80k and spending of $84k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $80k (-11%), an average of -11% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Leadingage Kentucky Foundation Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within KY. Charities of a similar size with the same main cause include Elm Street Nonprofit Housing Corporation ($80k), Marys House for Older Adults Inc ($80k) and Dwelling Place Foundation ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $38k, net assets of -$24k.