Health & Education Alliance of Louisiana
Analysis
Health & Education Alliance of Louisiana is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Health & Education Alliance of Louisiana reported income of $788k and spending of $816k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $592k to $788k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Health & Education Alliance of Louisiana sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Norwin Public Library Assn ($788k), Arbor Learning Community ($788k) and Louisiana State University at Alexandria Foundation ($788k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $151k (18% of expenses). Other salaries and wages came to $459k. At year end it held assets of $494k against liabilities of $86k, net assets of $408k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 34%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Norwin Public Library Assn | Irwin | $788k |
| Arbor Learning Community | Atwood | $788k |
| Louisiana State University at Alexandria Foundation | Alexandria | $788k |
| Lagond Music School Inc | Elmsford | $788k |