New Orleans Public Schools Scholarship Foundation

Analysis

New Orleans Public Schools Scholarship 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, New Orleans Public Schools Scholarship Foundation reported income of $58k and spending of $40k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $63k to $58k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Orleans Public Schools Scholarship Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Agr Alpha Theta Educational Foundation Inc ($58k), Nmshof ($58k) and PTA North Carolina Congress ($58k).

At year end it held assets of $1.2m against liabilities of $600, net assets of $1.2m.