Shreveport Bar Foundation Pro Bono Project

Analysis

Shreveport Bar Foundation Pro Bono Project is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Shreveport Bar Foundation Pro Bono Project reported income of $538k and spending of $568k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $538k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shreveport Bar Foundation Pro Bono Project sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Irvington Volunteer Ambulance Corps Inc ($538k), Sycamore Glen Inc ($538k) and Oregon & SW Washington African Community Development Center ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $29k (5.2% of expenses). Other salaries and wages came to $349k. At year end it held assets of $1.3m against liabilities of $27k, net assets of $1.2m. It reported 6 employees.