South Louisiana Charter Foundation Inc

Analysis

South Louisiana Charter Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, South Louisiana Charter Foundation Inc reported income of $22.2m and spending of $22.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.1m to $22.2m (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Louisiana 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 98th percentile within LA. Charities of a similar size with the same main cause include Dane County Parent Council Inc ($22.1m), Dubois Integrity Academy Inc ($22.2m) and Core Knowledge Foundation ($22.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $17.7m against liabilities of $24.2m, net assets of -$6.5m.