Fons Vitae of Kentucky Inc

Analysis

Fons Vitae of Kentucky Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Fons Vitae of Kentucky Inc reported income of $425k and spending of $330k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $425k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fons Vitae of Kentucky Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within KY. Charities of a similar size with the same main cause include Christ International Mission ($425k), Windows of Heaven Inc ($425k) and Amplify Mission Network ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. Compensation of current officers, directors and key employees was $162k (49% of expenses). Other salaries and wages came to $20k. At year end it held assets of $1.2m against liabilities of $28k, net assets of $1.2m. It reported 4 employees.