Visually Impaired Preschoolers Services of Greater Louisville Inc

Analysis

Visually Impaired Preschoolers Services of Greater Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 1985, 41 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 2024, Visually Impaired Preschoolers Services of Greater Louisville Inc reported income of $3.6m and spending of $3.0m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.4m to $3.6m (+49%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visually Impaired Preschoolers Services of Greater Louisville Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Recreation Rooms and Settlement ($3.6m), Hospice of Jefferson County Inc ($3.6m) and Spring Institute for Intercultural Learning ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $159k (5.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $6.9m against liabilities of $251k, net assets of $6.6m. It reported 51 employees.