Pelican Educational Foundation Inc

Analysis

Pelican Educational Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pelican Educational Foundation Inc reported income of $8.1m and spending of $7.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $8.1m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pelican Educational Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Child Avocates of Blair County Inc ($8.1m), The Tim Reynolds Foundation ($8.1m) and Institute of Academic Excellence ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (1.5% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $4.3m against liabilities of $642k, net assets of $3.6m. It reported 83 employees.