Christus Foundation Shreveport-Bossier

Analysis

Christus Foundation Shreveport-Bossier is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in June 1994, 32 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, Christus Foundation Shreveport-Bossier reported income of $1.2m and spending of $1.4m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $939k to $1.2m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christus Foundation Shreveport-Bossier sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include Sacramento Community Cable Foundation ($1.2m), Louisiana Home Inc ($1.2m) and Margaret P Muscarelle Child Development Center Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $179k. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.