LA Foundation Louisiane

Analysis

LA Foundation Louisiane is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in September 1979, 47 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, LA Foundation Louisiane reported income of $79k and spending of $75k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $79k (-15%), an average of -15% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Foundation Louisiane sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within LA. Charities of a similar size with the same main cause include One Hundred Club of New Mexico ($79k), Joplin Rural Volunteer Fire Dept Inc ($79k) and The Pittsburgh Camerata ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 45% of the total. At year end it held assets of $486k against liabilities of $2,060, net assets of $484k.