Easter Seals Louisiana Inc

Analysis

Easter Seals Louisiana Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1973, 53 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 June 2023, Easter Seals Louisiana Inc reported income of $14.7m and spending of $14.0m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.5m to $14.7m (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easter Seals Louisiana Inc 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 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include United Way of Bergen County ($14.7m), Mt Healthy Christian Home Inc ($14.7m) and Elizabeth Seton Residence Inc ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $309k (2.2% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $16.0m against liabilities of $1.6m, net assets of $14.4m. It reported 322 employees.