Louisiana Council on Economic Education

Analysis

Louisiana Council on Economic Education is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover social science, 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 June 2023, Louisiana Council on Economic Education reported income of $75k and spending of $95k, spending 127% of what it took in. Across the 2 years on record, from June 2019 to June 2023, income fell from $231k to $75k (-68%), an average of -68% a year. The sharpest change came in the year to June 2023, when income dropped by 68%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Louisiana Council on Economic Education sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within LA. Charities of a similar size with the same main cause include Habitable Spaces ($75k), Dance Evolution ($75k) and Pipes & Drums of the Jersey Shore Shillelaghs ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $133k against liabilities of $24k, net assets of $109k.