Louisiana Landmarks Society Inc

Analysis

Louisiana Landmarks Society Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 1953, 73 years ago. 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 December 2023, Louisiana Landmarks Society Inc reported income of $304k and spending of $219k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $304k (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Landmarks Society Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include Volunteers of America Inc ($304k), Insurance Society of Philadelphia ($304k) and St Paul Christian Learning Center ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $69k (31% of expenses). Other salaries and wages came to $19k. At year end it held assets of $1.9m against liabilities of $3,353, net assets of $1.9m. It reported 3 employees.