Louisiana Finance Corporation for Handicapped Citizens

Analysis

Louisiana Finance Corporation for Handicapped Citizens is a registered charity in United States, based in Haughton, LA. It received its IRS tax-exemption ruling in October 1983, 43 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 June 2023, Louisiana Finance Corporation for Handicapped Citizens reported income of $146k and spending of $122k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $134k to $146k (+9.3%), an average of +2.2% a year. 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, Louisiana Finance Corporation for Handicapped Citizens sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Briteside Adult Day Centers Inc ($146k), Habitat for Humanity International Inc ($146k) and United Fire Service Women ($146k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $364k against liabilities of $191k, net assets of $173k.