Louisiana Hemophilia Foundation

Analysis

Louisiana Hemophilia Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in February 1998, 28 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 2023, Louisiana Hemophilia Foundation reported income of $701k and spending of $623k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $701k (+143%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Hemophilia Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Kindergarten Preparatory Preschool Inc ($701k), National Church Residences of ($701k) and Compass Academy ($701k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $128k. At year end it held assets of $143k against liabilities of $5,616, net assets of $137k. It reported 2 employees.