Louisiana International Trade Foundation

Analysis

Louisiana International Trade Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Louisiana International Trade Foundation reported income of $186k and spending of $70k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $352k to $186k (-47%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 287%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Louisiana International Trade Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Brotherly Love Inc ($186k), Alabama Power Service Organization Inc ($187k) and Destination Madison Foundation Inc ($186k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.