Central Louisville Community Ministries Inc

Analysis

Central Louisville Community Ministries Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1986, 40 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, Central Louisville Community Ministries Inc reported income of $861k and spending of $849k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $307k to $861k (+181%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 125%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Louisville Community Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Advocates for Self-Government ($861k), Rothman Institute Orthopaedic Foundation ($862k) and Reading Results ($861k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $104k. At year end it held assets of $127k against liabilities of $19k, net assets of $107k. It reported 4 employees.