Louisiana Delta Community College Foundation

Analysis

Louisiana Delta Community College Foundation is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Louisiana Delta Community College Foundation reported income of $633k and spending of $446k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $633k (+203%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 94%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Louisiana Delta Community College Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include United Way of Cass County Inc ($633k), Mels Charities Inc ($633k) and Good Shepherd Foundation ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $127k. At year end it held assets of $1.1m against liabilities of $4,452, net assets of $1.1m.