Louisiana Lions Eye Foundation Inc

Analysis

Louisiana Lions Eye Foundation Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Lions Eye Foundation Inc reported income of $572k and spending of $508k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $551k to $572k (+3.8%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Louisiana Lions Eye Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include Hands of Hope Clinic Inc ($572k), Hemophilia Association of New York Inc ($572k) and Aiken County Help Line ($572k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). Other salaries and wages came to $105k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 46 employees.