Bayou Industrial Group

Analysis

Bayou Industrial Group is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in February 2026. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Bayou Industrial Group reported income of $62k and spending of $107k, spending 171% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $62k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bayou Industrial Group sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within LA. Charities of a similar size with the same main cause include Friends of the Stanislaus County Fair Foundation a California Non-P ($62k), Ukrainian American Youth Assoc ($62k) and Duncanville I S D Education Foundation Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 34% of the total. At year end it held assets of $59k against liabilities of $22k, net assets of $37k.