Louisiana Green Corps

Analysis

Louisiana Green Corps is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Louisiana Green Corps reported income of $704k and spending of $1.0m, spending 149% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $451k to $704k (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 158%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Louisiana Green Corps sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Mangrove Community Wealth Inc ($704k), American Legion Auxiliary Foundation Inc ($705k) and Cyber Proud Inc ($704k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $90k (8.6% of expenses). Other salaries and wages came to $328k. At year end it held assets of $828k against liabilities of $25k, net assets of $802k. It reported 7 employees.