Louisville Youth Philanthropy Council Inc

Analysis

Louisville Youth Philanthropy Council Inc is a registered charity in United States, based in Prospect, KY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Louisville Youth Philanthropy Council Inc reported income of $141k and spending of $151k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $103k to $141k (+37%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 62% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Louisville Youth Philanthropy Council Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within KY. Charities of a similar size with the same main cause include Comets Swim Team Booster Club Inc ($141k), Virginia Association for Health Pe and Dance ($141k) and Open Door Abuse Awareness Prevention ($141k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $175k against liabilities of $773, net assets of $175k.