Down Syndrome of Louisville Inc

Analysis

Down Syndrome of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Down Syndrome of Louisville Inc reported income of $2.6m and spending of $2.0m, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.6m to $2.6m (+65%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Down Syndrome of Louisville Inc sits at the 74th percentile: it is larger than about 74% 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 Academy of Integrative Health & Medicine ($2.6m), Co-Occurring Disorders Institute Inc ($2.6m) and Home Health Vna Inc ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 28% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $107k (5.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $175k, net assets of $1.0m. It reported 55 employees.