Louisville Scottish Rite Foundation Inc

Analysis

Louisville Scottish Rite Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Louisville Scottish Rite Foundation Inc reported income of $314k and spending of $100k, leaving 68% of income unspent that year. Across the 2 years on record, from June 2020 to June 2021, income grew from $169k to $314k (+86%), an average of +86% a year. The sharpest change came in the year to June 2021, when income rose by 86%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Louisville Scottish Rite Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Our Lady of Guadalupe Free Clinic ($314k), Ctnnb1 Connect and Cure Inc ($314k) and Milestones Inc ($313k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 15% of the total. At year end it held assets of $3.9m against liabilities of $4,273, net assets of $3.9m.