Lafayette General Foundation Inc

Analysis

Lafayette General Foundation Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lafayette General Foundation Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $1.7m to $1.6m (-2.1%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 2240%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lafayette General Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include Saddle Up ($1.6m), New York State Association of County Health Officials Inc ($1.6m) and Charm City Care Connection Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 7.2% of the total. Other salaries and wages came to $232k. At year end it held assets of $17.6m against liabilities of $6.2m, net assets of $11.4m.