Louisville Homeschool Athletics Inc

Analysis

Louisville Homeschool Athletics Inc is a registered charity in United States, based in Mt Washington, KY. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Louisville Homeschool Athletics Inc reported income of $192k and spending of $185k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $192k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Louisville Homeschool Athletics Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within KY. Charities of a similar size with the same main cause include Missionary Sisters of the Holy Martyrs ($192k), New Leaf Ministries Inc ($192k) and Harvest Ministries Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $10k (5.4% of expenses). At year end it held assets of $66k against liabilities of $0, net assets of $66k.