Bayou District Foundation

Analysis

Bayou District Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Bayou District Foundation reported income of $2.7m and spending of $2.2m, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.7m to $2.7m (-0.5%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 158% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bayou District Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within LA. Charities of a similar size with the same main cause include Special Recreation Association of Central Lake County ($2.7m), Wellspring Inc ($2.7m) and Technology Awareness Group ($2.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $80k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.6m against liabilities of $5.0m, net assets of -$2.3m. It reported 143 employees.