Star and Crescent Foundation of Louisiana Inc

Analysis

Star and Crescent Foundation of Louisiana Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Star and Crescent Foundation of Louisiana Inc reported income of $352k and spending of $472k, spending 134% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $403k to $352k (-12%), an average of -4.3% a year. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Star and Crescent Foundation of Louisiana Inc 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 65th percentile, and in the 63rd percentile within LA. Charities of a similar size with the same main cause include Advocate Foundation Inc ($352k), Cu Kids at Heart Inc ($352k) and Sav-A-Life of the Mississippi Gulf Coast Inc ($352k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 15% of the total. At year end it held assets of $5.5m against liabilities of $389k, net assets of $5.1m.

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.