University of Louisville Medical School Practice Association Inc

Analysis

University of Louisville Medical School Practice Association Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1996, 30 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 (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, University of Louisville Medical School Practice Association Inc reported income of $4.5m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $4.5m (+3.0%), an average of +0.7% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University of Louisville Medical School Practice Association Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Minnesota ($4.5m), Cincinnati Cancer Foundation Inc ($4.5m) and Hoffman Institute Supportingfoundation ($4.5m).

At year end it held assets of $2.8m against liabilities of $296k, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.