Louisiana Delta Services Corps Inc

Analysis

Louisiana Delta Services Corps Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Louisiana Delta Services Corps Inc reported income of $1.0m and spending of $930k, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $793k to $1.0m (+30%), an average of +6.8% a year. The sharpest change came in the year to August 2022, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Louisiana Delta Services Corps Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include Bethshan Foundation ($1.0m), National Christian Charitable Foundation Inc ($1.0m) and Grow & Lead - Community and Youth Development ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $172k (19% of expenses). Other salaries and wages came to $470k. At year end it held assets of $657k against liabilities of $23k, net assets of $634k. It reported 61 employees.