Catholic Charities of Louisville Inc

Analysis

Catholic Charities of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Catholic Charities of Louisville Inc reported income of $71.5m and spending of $71.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.2m to $71.5m (+341%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 194%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities of Louisville Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KY. Charities of a similar size with the same main cause include Seabrook Village Inc ($71.4m), Albright Care Services ($71.5m) and Partners in Community Supports Inc ($71.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $250k (0.3% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $15.0m against liabilities of $4.1m, net assets of $10.9m. It reported 174 employees.