826 New Orleans

Analysis

826 New Orleans is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 2015, 11 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, 826 New Orleans reported income of $368k and spending of $783k, spending 213% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $322k to $368k (+14%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 205%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 826 New Orleans sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Dorchester Two Educational Foundation ($368k), Lakewood Sports Booster Club ($368k) and North Shore Country Club Foundation Inc ($368k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $77k (9.8% of expenses). Other salaries and wages came to $312k. At year end it held assets of $152k against liabilities of $62k, net assets of $89k. It reported 13 employees.