Louisiana Association of Student Assistance Programs

Analysis

Louisiana Association of Student Assistance Programs is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Louisiana Association of Student Assistance Programs reported income of $71k and spending of $68k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $71k (+19%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisiana Association of Student Assistance Programs sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within LA. Charities of a similar size with the same main cause include Technica ($71k), Collaborising Inc ($71k) and Operator Foundation Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 5.0% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.