Colors for a Cause-Louisiana Chapter

Analysis

Colors for a Cause-Louisiana Chapter is a registered charity in United States, based in Dequincy, LA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Colors for a Cause-Louisiana Chapter reported income of $52k and spending of $39k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $52k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Colors for a Cause-Louisiana Chapter sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within LA. Charities of a similar size with the same main cause include Building Futures IV Inc ($52k), The Integrated Life Foundation Inc ($52k) and Danberry Treasure Chest Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.