Le Petit Salon Club

Analysis

Le Petit Salon Club is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 1991, 35 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 April 2023, Le Petit Salon Club reported income of $73k and spending of $69k, spending 96% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $51k to $73k (+41%), an average of +12% a year. The sharpest change came in the year to April 2022, when income dropped by 211%. Over the whole period it spent 195% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Le Petit Salon Club sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within LA. Charities of a similar size with the same main cause include Henry County Band Parents Club Inc ($73k), Federal Way Community Caregiving Network ($73k) and Kiwanis Club of Germantown ($73k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 147% of the total. At year end it held assets of $566k against liabilities of $24k, net assets of $542k.