Village School of Louisville Inc

Analysis

Village School of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Village School of Louisville Inc reported income of $631k and spending of $652k, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $262k to $631k (+141%), an average of +55% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village School of Louisville Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Friends of Burma Inc ($630k), Washington Association for Bilingual Education ($631k) and New Wineskins Missionary Network ($630k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $328k. At year end it held assets of $104k against liabilities of $68k, net assets of $36k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.