SLCC Foundation

Analysis

SLCC Foundation is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in December 2004, 22 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, SLCC Foundation reported income of $1.6m and spending of $1.2m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.6m (+8.9%), an average of +2.9% a year. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, SLCC Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Invictus Schools ($1.6m), Hollis Montessori School ($1.6m) and Jefferson State Community College Foundation Inc-Jefferson County ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $8.5m against liabilities of $2.8m, net assets of $5.6m.