Nur Islamic School of Louisville Inc

Analysis

Nur Islamic School of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nur Islamic School of Louisville Inc reported income of $2.8m and spending of $2.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $970k to $2.8m (+188%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nur Islamic School of Louisville Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Technical Academies of Minnesota ($2.8m), Idaho High School Activities Association Inc ($2.8m) and Medical Library Association Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $79k (3.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.6m against liabilities of $233k, net assets of $2.3m. It reported 58 employees.