Feed Louisville Inc

Analysis

Feed Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Feed Louisville Inc reported income of $5.5m and spending of $5.2m, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.1m to $5.5m (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed Louisville Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Hope for Justice Inc ($5.5m), Hermanitos Unidos-Siblings United Foster Family Agency ($5.5m) and Jewish Family Services Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $264k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $620k against liabilities of $25k, net assets of $595k. It reported 46 employees.