Lafon Nursing Home

Analysis

Lafon Nursing Home is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lafon Nursing Home reported income of $7.2m and spending of $9.0m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.2m to $7.2m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lafon Nursing Home sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Good Samaritan Health Clinic of Cullman Inc ($7.2m), Notre Dame Convalescent Home Inc ($7.2m) and Charterhouse School Inc ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 94% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $11.6m against liabilities of $1.8m, net assets of $9.8m. It reported 101 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.