University of New Orleans Foundation

Analysis

University of New Orleans Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1986, 40 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 December 2023, University of New Orleans Foundation reported income of $13.8m and spending of $12.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $13.8m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of New Orleans Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Children First Inc ($13.8m), The River School HCSR ($13.8m) and Elmwood Franklin School Inc ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 17% of the total. It paid $21k in professional fundraising fees. At year end it held assets of $124.2m against liabilities of $28.6m, net assets of $95.6m.