Louis Carr Internship Foundation

Analysis

Louis Carr Internship Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Louis Carr Internship Foundation reported income of $187k and spending of $136k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $345k to $187k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louis Carr Internship Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Oak Brook College of Law and Government Policy ($187k), Utah Nihongo Hoshuukou ($187k) and Firm Foundation Early Learning Academy ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.