Louisiana College

Analysis

Louisiana College is a registered charity in United States, based in Pineville, LA. It received its IRS tax-exemption ruling in October 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Louisiana College reported income of $33.4m and spending of $32.0m, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $30.8m to $33.4m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to July 2022, when income dropped by 32%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisiana College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include University System of Georgia Foundation Inc ($33.4m), Ubf Faculty-Student Housing Corp ($33.4m) and Cleveland Institute of Music ($33.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 18% and program service revenue 66% of the total. At year end it held assets of $102.8m against liabilities of $22.4m, net assets of $80.4m. It reported 568 employees.