Louisiana Bar Foundation
Analysis
Louisiana Bar Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Louisiana Bar Foundation reported income of $21.1m and spending of $14.0m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $21.1m (+110%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 80% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Louisiana Bar Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Colorado Legal Services ($21.0m), First Responders Childrens Foundation ($21.2m) and Inner City Law Center ($20.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $192k (1.4% of expenses). Other salaries and wages came to $939k. At year end it held assets of $24.5m against liabilities of $7.3m, net assets of $17.1m. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Colorado Legal Services | Denver | $21.0m |
| First Responders Childrens Foundation | New York | $21.2m |
| Inner City Law Center | Los Angeles | $20.8m |
| Equal Justice Works | Washington | $21.2m |