Lake Charles Little Theatre

Analysis

Lake Charles Little Theatre is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in April 1937, 89 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 July 2024, Lake Charles Little Theatre reported income of $117k and spending of $95k, spending 81% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $45k to $117k (+159%), an average of +61% a year. The sharpest change came in the year to July 2023, when income rose by 1074%. Over the whole period it spent 23% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Charles Little Theatre sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include PTA Texas Congress ($117k), Heritage Square Historical Society Burns Lafferty ($117k) and Meals on Wheels of Delaware County ($117k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 9.9% and program service revenue 58% of the total. At year end it held assets of $599k against liabilities of $0, net assets of $599k.