Shreveport Charter Foundation Inc

Analysis

Shreveport Charter Foundation Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shreveport Charter Foundation Inc reported income of $19.3m and spending of $19.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $19.3m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shreveport Charter Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Columbus School for Girls ($19.3m), The Brookwood Community Inc ($19.3m) and French & Montessori Education Inc ($19.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $21.6m against liabilities of $30.8m, net assets of -$9.2m. It reported 189 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.