The Community Foundation of Louisville Corporate Depository in

Analysis

The Community Foundation of Louisville Corporate Depository in is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Community Foundation of Louisville Corporate Depository in reported income of $8.9m and spending of $17.5m, spending 197% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.1m to $8.9m (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2020, when income rose by 113%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Community Foundation of Louisville Corporate Depository in sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Foundation of the Caldwell Community College and Technical ($8.9m), The Crystal Charity Ball ($8.9m) and Soi Dog ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $8.6m against liabilities of $158k, net assets of $8.4m.