Imagination Library of Louisville Inc

Analysis

Imagination Library of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Imagination Library of Louisville Inc reported income of $120k and spending of $182k, spending 151% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $120k (-0.3%), an average of -0.3% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagination Library of Louisville Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Oakridge Elementary School PTO ($120k), Grayson County High School Band Boosters Inc ($120k) and LA Crosse Promise Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.