Friends of South Louisiana Wetlands Discovery Foundation

Analysis

Friends of South Louisiana Wetlands Discovery Foundation is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of South Louisiana Wetlands Discovery Foundation reported income of $688k and spending of $525k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $688k (+210%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of South Louisiana Wetlands Discovery Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Girls Make Beats Inc ($688k), Parents and Community for Kids ($688k) and Center for the Arts Inc ($687k).

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 $281k. At year end it held assets of $746k against liabilities of $9,536, net assets of $737k. It reported 6 employees.