Louisiana Disabled Persons Finance Corporation

Analysis

Louisiana Disabled Persons Finance Corporation is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in July 1994, 32 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 Disabled Persons Finance Corporation reported income of $156k and spending of $185k, spending 119% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $151k to $156k (+3.4%), an average of +3.4% a year. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Disabled Persons Finance Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within LA. Charities of a similar size with the same main cause include Yugntruf-Youth for Yiddish Inc ($156k), Atlanta Photography Group Inc ($156k) and Bakerville Library Association Inc ($156k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $201k against liabilities of $657k, net assets of -$456k.