Louisiana Human Resources Development Institute

Analysis

Louisiana Human Resources Development Institute is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 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 June 2024, Louisiana Human Resources Development Institute reported income of $921k and spending of $922k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $670k to $921k (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Human Resources Development Institute sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Haili Christian School ($921k), Boys & Girls Club of McAlester Inc ($921k) and Volunteer State College Foundation ($921k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $133k (14% of expenses). Other salaries and wages came to $441k. At year end it held assets of $5,435 against liabilities of $28k, net assets of -$23k. It reported 11 employees.