New Orleans Education League of the Construction Industry

Analysis

New Orleans Education League of the Construction Industry is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in March 2013, 13 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 December 2023, New Orleans Education League of the Construction Industry reported income of $497k and spending of $475k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $497k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Orleans Education League of the Construction Industry sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Nevada R-5 Foundation ($497k), Dayton Metro Library Foundation ($497k) and SC Career Kids ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $99k against liabilities of $84k, net assets of $14k.