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Louisiana Resource Center for Educators

RegisteredEIN 58-1704372Baton Rouge, LAOther charitable purposes
Income$1.7m2023-06
Spending$1.4msame year
Spent / received94%5-year average
Size in its cause83rd pctOther charitable purposes
Exempt since1987Publicly supported organisat
Employees11latest return

Analysis

Louisiana Resource Center for Educators is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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, Louisiana Resource Center for Educators reported income of $1.7m and spending of $1.4m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.7m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Resource Center for Educators sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include The Arc of Texas ($1.7m), Monroe County Historical Society Inc ($1.7m) and Tri County Emergency Medical Services Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $108k (7.9% of expenses). Other salaries and wages came to $404k. At year end it held assets of $3.0m against liabilities of $1.6m, net assets of $1.4m. It reported 11 employees.

Income and spending

$0$417k$834k$1.3m$1.7m2019 Income: $1,400,9562019 Spending: $1,269,66320192020 Income: $1,496,9962020 Spending: $1,340,10320202021 Income: $1,578,2112021 Spending: $1,406,83320212022 Income: $1,135,1222022 Spending: $1,457,17620222023 Income: $1,667,1632023 Spending: $1,378,5982023
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Program services 50%
  • Other 10%

Similar-sized charities, same cause

CharityLocationIncome
The Arc of TexasSugar Land$1.7m
Monroe County Historical Society IncBloomington$1.7m
Tri County Emergency Medical Services IncIngleside$1.7m
Royal Oak Youth Soccer AssocRoyal Oak$1.7m