Joe & Mary Leary TR Uw 053194

Analysis

Joe & Mary Leary TR Uw 053194 is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joe & Mary Leary TR Uw 053194 reported income of $290k and spending of $295k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $373k to $290k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 358%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Joe & Mary Leary TR Uw 053194 sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KY. Charities of a similar size with the same main cause include Hope Lutheran Foundation ($290k), The Foundation for Community Empowerment ($290k) and Geneva Community Chest ($290k).

Compensation of current officers, directors and key employees was $31k (11% of expenses). At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.