United Way of Southeast Louisiana

Analysis

United Way of Southeast Louisiana is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in November 1952, 74 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 2024, United Way of Southeast Louisiana reported income of $12.5m and spending of $15.5m, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $14.7m to $12.5m (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Southeast Louisiana sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include United Way of Erie County ($12.5m), Leta McFarlin Chapman Memorial TR ($12.5m) and Community Foundation of South Georgia Inc ($12.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $850k (5.5% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $27.3m against liabilities of $6.1m, net assets of $21.2m. It reported 65 employees.