Leadership Institute of Acadiana Inc
Analysis
Leadership Institute of Acadiana Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Leadership Institute of Acadiana Inc reported income of $152k and spending of $142k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $152k (+9.5%), an average of +9.5% a year. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leadership Institute of Acadiana Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include Life Saver Ministries Inc ($152k), Journey Into Hope ($152k) and Forget-Me-Not Thrift Store ($152k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 72% of the total. At year end it held assets of $100k against liabilities of $1,332, net assets of $99k.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 72%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Life Saver Ministries Inc | Gloversville | $152k |
| Journey Into Hope | Linden | $152k |
| Forget-Me-Not Thrift Store | Warren | $152k |
| Hospice House Foundation of WNC Inc | Franklin | $152k |