Lsu in Shreveport Foundation Inc
Analysis
Lsu in Shreveport Foundation Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lsu in Shreveport Foundation Inc reported income of $1.9m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.9m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2020, when income rose by 80%. Over the whole period it spent 83% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lsu in Shreveport Foundation Inc 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 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Covenant Christian Assembly ($1.9m), The Quran Institute of America ($1.9m) and Xposure Foundation Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $30.9m against liabilities of $8.4m, net assets of $22.5m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Other 55%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Covenant Christian Assembly | Tuscumbia | $1.9m |
| The Quran Institute of America | Detroit | $1.9m |
| Xposure Foundation Inc | S Richmond HL | $1.9m |
| Valley Christian Academy Inc | Aurora | $1.9m |