University of Louisiana Monroe Facilities Inc

Analysis

University of Louisiana Monroe Facilities Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University of Louisiana Monroe Facilities Inc reported income of $12.3m and spending of $15.8m, spending 129% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.4m to $12.3m (+8.0%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Louisiana Monroe Facilities Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Elite Academic Academy - Mountain Empire ($12.3m), Rochester School for the Deaf ($12.3m) and Allegro School Incorporated ($12.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 87% of the total. At year end it held assets of $89.1m against liabilities of $53.9m, net assets of $35.2m.