Policy Institute for the Children of Louisiana Inc

Analysis

Policy Institute for the Children of Louisiana Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Policy Institute for the Children of Louisiana Inc reported income of $2.6m and spending of $2.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $724k to $2.6m (+258%), an average of +38% a year. The sharpest change came in the year to June 2020, when income rose by 151%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Policy Institute for the Children of Louisiana Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include L I Against Domestic Violence Inc ($2.6m), Association for the Developmentally Disabled of Woodford County ($2.6m) and Chatham-Savannah Authority for the Homeless ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $138k (6.4% of expenses). Other salaries and wages came to $415k. At year end it held assets of $2.5m against liabilities of $212k, net assets of $2.3m. It reported 8 employees.