Social Entrepreneurs of New Orleans

Analysis

Social Entrepreneurs of New Orleans is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 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 2023, Social Entrepreneurs of New Orleans reported income of $3.4m and spending of $2.2m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.4m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Social Entrepreneurs of New Orleans sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within LA. Charities of a similar size with the same main cause include United Way of the Greater Capital Region Inc ($3.4m), Coordinated Child Development Program Inc ($3.4m) and Abound Food Care ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.9m against liabilities of $1.5m, net assets of $3.4m. It reported 14 employees.