L S U Property Foundation

Analysis

L S U Property Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in February 1996, 30 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 (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, L S U Property Foundation reported income of $5.2m and spending of $5.8m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.2m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, L S U Property Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include National Medal of Honor Center for Leadership ($5.2m), United Way of Genesee County ($5.2m) and Central Kansas Community Foundation ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $13.5m against liabilities of $3.5m, net assets of $9.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.