University of Louisville Research Foundation Inc

Analysis

University of Louisville Research Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Louisville Research Foundation Inc reported income of $631.9m and spending of $589.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $462.6m to $631.9m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Louisville Research Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within KY. Charities of a similar size with the same main cause include President-Board of Trustees Santa Clara College ($622.0m), Saint Josephs University ($636.8m) and The New School ($602.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. At year end it held assets of $977.3m against liabilities of $727.0m, net assets of $250.3m.