Junior League of Louisville Inc

Analysis

Junior League of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1952, 74 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2022, Junior League of Louisville Inc reported income of $165k and spending of $171k, spending 104% of its income. Across the 4 years on record, from May 2019 to May 2022, income fell from $200k to $165k (-18%), an average of -6.3% a year. The sharpest change came in the year to May 2021, when income rose by 71%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Junior League of Louisville Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include Grant County Cybermill ($164k), 567 Center for Renewal ($165k) and Society of Quality Assurance Learning Foundation ($164k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 28% and program service revenue 20% of the total. Other salaries and wages came to $21k. At year end it held assets of $2.0m against liabilities of $17k, net assets of $2.0m. It reported 1 employees.