Louisiana Guardianship Services Inc

Analysis

Louisiana Guardianship Services Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Louisiana Guardianship Services Inc reported income of $669k and spending of $691k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $473k to $669k (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Guardianship Services Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co ($669k), Trident Foundation ($669k) and Chase City Rescue Squad Inc ($669k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $110k (16% of expenses). At year end it held assets of $1.6m against liabilities of $1.5m, net assets of $178k. It reported 10 employees.