Louisville Olmsted Parks Conservancy Inc

Analysis

Louisville Olmsted Parks Conservancy Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 December 2023, Louisville Olmsted Parks Conservancy Inc reported income of $2.7m and spending of $2.9m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.7m (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 287%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisville Olmsted Parks Conservancy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Waterbury Promise Inc ($2.7m), Beacon Center of Tennessee ($2.7m) and Public Policy Lab ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $195k (6.7% of expenses). Other salaries and wages came to $816k. At year end it held assets of $7.5m against liabilities of $714k, net assets of $6.8m. It reported 18 employees.