Louisiana Health Care Alliance Inc
Analysis
Louisiana Health Care Alliance Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in February 1985, 41 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 December 2022, Louisiana Health Care Alliance Inc reported income of $54k and spending of $141k, spending 260% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $80k to $54k (-33%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 221% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Health Care Alliance Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within LA. Charities of a similar size with the same main cause include Women of Sugarmill Woods Inc ($54k), Friends of the Foster City Library ($54k) and Pilot Club International ($54k).
On its Form 990 for the period ending December 2022, revenue came from program service revenue 56% of the total. Compensation of current officers, directors and key employees was $87k (62% of expenses). At year end it held assets of $109k against liabilities of $26k, net assets of $83k.
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.
Income and spending
Where the income comes from
- Program services 56%
- Other 44%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Women of Sugarmill Woods Inc | Homosassa | $54k |
| Friends of the Foster City Library | Foster City | $54k |
| Pilot Club International | Shiner | $54k |
| Friends of the San Marcos Public Library | San Marcos | $54k |