Louisiana Resource Center for Educators
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
Where the income comes from
- Contributions & grants 40%
- Program services 50%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Arc of Texas | Sugar Land | $1.7m |
| Monroe County Historical Society Inc | Bloomington | $1.7m |
| Tri County Emergency Medical Services Inc | Ingleside | $1.7m |
| Royal Oak Youth Soccer Assoc | Royal Oak | $1.7m |