James H Guilbeau Jr Charitable Trust

Analysis

James H Guilbeau Jr Charitable Trust is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, James H Guilbeau Jr Charitable Trust reported income of $301k and spending of $341k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $301k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 131% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, James H Guilbeau Jr Charitable Trust sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($301k), El Buen Pastor Early Childhood ($301k) and Centralia Marys House Ltd ($301k).

At year end it held assets of $9.5m against liabilities of $0, net assets of $9.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.