Louisiana Association on Compulsive Gambling

Analysis

Louisiana Association on Compulsive Gambling is a registered charity in United States, based in Bossier City, LA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover mental health and crisis intervention, 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 2022, Louisiana Association on Compulsive Gambling reported income of $1.8m and spending of $1.6m, spending 88% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $1.6m to $1.8m (+11%), an average of +5.4% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Louisiana Association on Compulsive Gambling sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include Imagine a Center for Coping with Loss ($1.8m), Foxg1 Research Inc ($1.8m) and Bethesda Chevy Chase Rescue Squad Inc ($1.8m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 5.5% and program service revenue 93% of the total. Other salaries and wages came to $954k. At year end it held assets of $1.2m against liabilities of $45k, net assets of $1.2m. It reported 55 employees.