Made in New Orleans Foundation Inc

Analysis

Made in New Orleans Foundation Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 2012, 14 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 November 2023, Made in New Orleans Foundation Inc reported income of $174k and spending of $159k, spending 91% of its income. Across the 3 years on record, from November 2021 to November 2023, income fell from $213k to $174k (-18%), an average of -9.6% a year. The sharpest change came in the year to November 2022, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Made in New Orleans Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within LA. Charities of a similar size with the same main cause include Village of Hope ($174k), North Carolina Sweetpotato Commission Foundation ($174k) and Black Lives Matter 5280 ($174k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 71% and program service revenue 9.4% of the total. Other salaries and wages came to $105k. At year end it held assets of $50k against liabilities of $97k, net assets of -$48k. It reported 1 employees.