New Orleans Recreation Development Foundation

Analysis

New Orleans Recreation Development Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, New Orleans Recreation Development Foundation reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.1m (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 202%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Orleans Recreation Development Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include North Hills Amateur Hockey Association Inc ($1.1m), Nordic Spirit Soccer Club Inc ($1.1m) and Grimes County Fair Association Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $1.0m against liabilities of $725, net assets of $1.0m. It reported 1 employees.