Louisiana Engineering Foundation

Analysis

Louisiana Engineering Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Louisiana Engineering Foundation reported income of $129k and spending of $80k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $129k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisiana Engineering Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within LA. Charities of a similar size with the same main cause include Texas Statewide Network of Assessment Professionals ($129k), Friends of Crowell Hilaka ($129k) and Friends of Lincoln Park High School ($129k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $1.2m against liabilities of $156, net assets of $1.2m.