Southwestern Louisianna Area Health Education Center Foundation

Analysis

Southwestern Louisianna Area Health Education Center Foundation is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Southwestern Louisianna Area Health Education Center Foundation reported income of $9.9m and spending of $8.7m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.1m to $9.9m (+144%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwestern Louisianna Area Health Education Center Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Wells Nursing Home Inc ($9.9m), Presbyterian Healthcare Foundation ($9.9m) and Canton Christian Home Inc ($9.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $6.8m against liabilities of $1.0m, net assets of $5.8m. It reported 111 employees.