Friends of Joe W Brown Memorial Park & Louisiana Nature Center

Analysis

Friends of Joe W Brown Memorial Park & Louisiana Nature Center is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Joe W Brown Memorial Park & Louisiana Nature Center reported income of $68k and spending of $60k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $68k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Joe W Brown Memorial Park & Louisiana Nature Center sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within LA. Charities of a similar size with the same main cause include Our Song ($68k), Wellington Farm Park Inc ($68k) and Piano Evenings with David Dubal ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.