Catholic Charities of North Louisiana
Analysis
Catholic Charities of North Louisiana is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Catholic Charities of North Louisiana reported income of $1.0m and spending of $1.2m, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.2m to $1.0m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 103% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities of North Louisiana sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Liberty Fellowship of South Carolina ($1.0m), Lasalle School Foundation ($1.0m) and Safety Education Center Inc ($1.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 4.9% of the total. Other salaries and wages came to $489k. At year end it held assets of $2.1m against liabilities of $235k, net assets of $1.8m. It reported 18 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 4.9%
- Other 5.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Liberty Fellowship of South Carolina | Spartanburg | $1.0m |
| Lasalle School Foundation | Albany | $1.0m |
| Safety Education Center Inc | West Covina | $1.0m |
| Economic Progress Institute | Providence | $1.0m |