Greater Louisville Foundation Inc

Analysis

Greater Louisville Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Greater Louisville Foundation Inc reported income of $288k and spending of $247k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $728k to $288k (-60%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Louisville Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KY. Charities of a similar size with the same main cause include South Waterfront Community Relations ($288k), Keep Olney Beautiful ($288k) and Trail Recreation Effingham County ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $657k against liabilities of $541k, net assets of $116k.