Louisiana Naval War Memorial Commission

Analysis

Louisiana Naval War Memorial Commission is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 1980, 46 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, Louisiana Naval War Memorial Commission reported income of $1.3m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. 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, Louisiana Naval War Memorial Commission sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include Vermont Day School ($1.3m), Family Child Development Center ($1.3m) and Camp Susque Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $438k. At year end it held assets of $2.3m against liabilities of $270k, net assets of $2.1m. It reported 37 employees.