Hortense B Perry Foundation Inc

Analysis

Hortense B Perry Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Hortense B Perry Foundation Inc reported income of $210k and spending of $188k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $201k to $210k (+4.3%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hortense B Perry Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Unity Music Foundation ($210k), Friends of Ner Yitzhak Inc ($210k) and Chortek Weisman Family Foundation ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 10% of the total. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $462k.