Louisville Orthopedic Research & Educational Foundation Inc

Analysis

Louisville Orthopedic Research & Educational Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Louisville Orthopedic Research & Educational Foundation Inc reported income of $98k and spending of $53k, leaving 46% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $175k to $98k (-44%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 38% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Louisville Orthopedic Research & Educational Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within KY. Charities of a similar size with the same main cause include Life Choices Pregnancy Clinic of Ojai Valley Inc ($98k), American Foundation for Preventive Medicine ($98k) and Womens Hormone Network ($98k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% of the total. At year end it held assets of $1.1m against liabilities of $1,075, net assets of $1.1m.