Louisville Youth Choir Inc

Analysis

Louisville Youth Choir Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1968, 58 years ago. 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 June 2024, Louisville Youth Choir Inc reported income of $78k and spending of $85k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $165k to $78k (-53%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 48%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisville Youth Choir Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within KY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($78k), Manheim Historical Society ($78k) and Little League Baseball Inc ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 24% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.