Louisiana State University at Alexandria Foundation Inc

Analysis

Louisiana State University at Alexandria Foundation Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Louisiana State University at Alexandria Foundation Inc reported income of $3.3m and spending of $2.0m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $3.3m (+159%), an average of +27% a year. The sharpest change came in the year to June 2020, when income rose by 128%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisiana State University at Alexandria Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Garden House School of New York ($3.3m), International Charter School of Trenton ($3.3m) and Austin Public Education Foundation ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $33.7m against liabilities of $105k, net assets of $33.6m.