Place Dubourg Inc

Analysis

Place Dubourg Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 1981, 45 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 December 2023, Place Dubourg Inc reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+10%), an average of +2.5% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Place Dubourg Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Graduate Fellowships for Science Technology Engineering and ($1.5m), The North Carolina Public Television Foundation Inc ($1.5m) and International Sangha Bhiksu Buddist Association ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $203k. At year end it held assets of $2.6m against liabilities of $4.1m, net assets of -$1.5m.