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Lsu in Shreveport Foundation Inc

RegisteredEIN 72-1031108Shreveport, LAEducation and training
Income$1.9m2023-06
Spending$1.8msame year
Spent / received83%5-year average
Size in its cause82nd pctEducation and training
Exempt since1985Publicly supported organisat
Employees1latest return

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

$0$691k$1.4m$2.1m$2.8m2019 Income: $1,537,8282019 Spending: $1,523,66120192020 Income: $2,765,6182020 Spending: $1,695,04820202021 Income: $1,263,9042021 Spending: $1,356,98820212022 Income: $2,098,5352022 Spending: $1,635,43920222023 Income: $1,929,7022023 Spending: $1,761,6042023
IncomeSpending

Where the income comes from

  • Contributions & grants 45%
  • Other 55%

Similar-sized charities, same cause

CharityLocationIncome
Covenant Christian AssemblyTuscumbia$1.9m
The Quran Institute of AmericaDetroit$1.9m
Xposure Foundation IncS Richmond HL$1.9m
Valley Christian Academy IncAurora$1.9m