Louisiana State University at Eunice Foundation

Analysis

Louisiana State University at Eunice Foundation is a registered charity in United States, based in Eunice, LA. It received its IRS tax-exemption ruling in March 1993, 33 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 June 2023, Louisiana State University at Eunice Foundation reported income of $1.4m and spending of $1.1m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $481k to $1.4m (+201%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 74% 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 Eunice Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within LA. Charities of a similar size with the same main cause include Progressive Maryland Eduction Fund Inc ($1.4m), Indigigenius ($1.4m) and Lecole Francaise du Maine ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $496k. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.