Louisiana Industries for the Disabled Inc

Analysis

Louisiana Industries for the Disabled Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Louisiana Industries for the Disabled Inc reported income of $4.5m and spending of $3.6m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $4.5m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Louisiana Industries for the Disabled Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Bridge Street Development Corporation ($4.5m), Missouri Incutech Foundation ($4.5m) and Techsolve Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $144k (4.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.5m against liabilities of $132k, net assets of $6.4m. It reported 238 employees.