Louisville Youth Group Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
LYG empowers QTBIPoC/LGBTQIA+ youth to grow into healthy and resilient leaders through community connection, life skills education, and social advocacy.
- Income
- $417,596
- Spending
- $451,020
- Spent on programs
- 58%
- Reserves
- 3.2 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 6
- Highest pay
- $77,783, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 62 out of 100. Higher than 27% of charities in its peer group (civil rights, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
8 of 1558% of spending went to programs and raising each dollar of donations cost 19 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 72% of charities in its peer group (civil rights, $250k to $1m).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $261,032 spent. Empowerment Camp: Every fall, LYG youth go on a weekend-long Empowerment Camp at YMCAs Camp Piomingo. This is an opportunity for youth to get outside of their comfort zones in a safe and affirming environment. Guided by staff and mentors, they participate in activities designed to build self-esteem, connect to a supportive community, and identify leadership skills. Group programs: LYG currently offers several regularly scheduled group meetings for LGBTQIA+ youth ages 5-20, including groups for youth ages 5-12, youth 13-17, adults 18-24 and groups specifically for gender diverse youth and youth of the global majority. Pride Prom: LYG actively participates in the many Pride opportunities in the Kentuckiana region. Pride month is an important way for LGBTQIA+ youth to connect with their roots and engage with the local community. Each spring, LYG hosts a Pride Prom as an alternative for youth who may not feel safe or welcome attending their school prom.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2000.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.