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Southeastern Louisiana Area Health Education Center

RegisteredEIN 72-1155014Hammond, LAOther charitable purposes
Income$53.7m2023-06
Spending$50.9msame year
Spent / received97%5-year average
Size in its cause99th pctOther charitable purposes
Exempt since1990Publicly supported organisat
Employees520latest return

Analysis

Southeastern Louisiana Area Health Education Center is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in November 1990, 36 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 2023, Southeastern Louisiana Area Health Education Center reported income of $53.7m and spending of $50.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.6m to $53.7m (+128%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeastern Louisiana Area Health Education Center sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Community Health Care Inc ($53.7m), University of Texas Foundation ($53.7m) and Center for Alternative Sentencing and Employment Services Inc ($53.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $370k (0.7% of expenses). Other salaries and wages came to $27.5m. At year end it held assets of $15.2m against liabilities of $5.2m, net assets of $10.0m. It reported 520 employees.

Income and spending

$0$13.4m$26.8m$40.3m$53.7m2019 Income: $23,553,5552019 Spending: $23,202,77120192020 Income: $25,654,0682020 Spending: $25,069,82220202021 Income: $32,019,2412021 Spending: $31,402,74020212022 Income: $40,603,8722022 Spending: $39,790,98520222023 Income: $53,682,3072023 Spending: $50,945,0612023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.0%
  • Program services 92%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Community Health Care IncBridgeton$53.7m
University of Texas FoundationAustin$53.7m
Center for Alternative Sentencing and Employment Services IncBrooklyn$53.6m
Bronxcare Dr Martin Luther King Jr Health CenterBronx$53.7m