Louisiana Swamp Base Inc

Analysis

Louisiana Swamp Base Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. 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, Louisiana Swamp Base Inc reported income of $1.2m and spending of $1.2m, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.8m to $1.2m (-35%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Swamp Base Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include The San Jose Sports Authority ($1.2m), Countryside Hospice Support and Memory Center Inc ($1.2m) and University of South Carolina Upstate Foundation ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 71% of the total. Other salaries and wages came to $478k. At year end it held assets of $3.2m against liabilities of $605k, net assets of $2.6m.