United Way for South Louisiana

Analysis

United Way for South Louisiana is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in December 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, United Way for South Louisiana reported income of $842k and spending of $990k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $924k to $842k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way for South Louisiana sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Boy Scouts of America ($842k), Clinton Soccer Association ($842k) and Oh-Go ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $58k (5.9% of expenses). Other salaries and wages came to $153k. At year end it held assets of $2.4m against liabilities of $810k, net assets of $1.6m. It reported 5 employees.