Elle Foundation

Analysis

Elle Foundation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in August 2013, 13 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 2023, Elle Foundation reported income of $1.9m and spending of $1.9m, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $908k to $1.9m (+113%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elle Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Main Place Inc ($1.9m), Finney County Committee on Aging Inc ($1.9m) and Crosstown Learning Center Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (6.6% of expenses). Other salaries and wages came to $821k. At year end it held assets of $208k against liabilities of $9,755, net assets of $198k. It reported 30 employees.