Louisiana Childrens Research Center for Development and Learning

Analysis

Louisiana Childrens Research Center for Development and Learning is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Louisiana Childrens Research Center for Development and Learning reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $1.7m to $4.6m (+175%), an average of +40% a year. The sharpest change came in the year to August 2021, when income rose by 64%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Louisiana Childrens Research Center for Development and Learning sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Blaine County Hunger Coalition Inc ($4.6m), Raleigh Rescue Mission Incorporated ($4.6m) and Ignite Org ($4.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $195k (4.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.8m against liabilities of $2.1m, net assets of $2.7m. It reported 33 employees.