E J & Marjory B S Ourso Family Foundation

Analysis

E J & Marjory B S Ourso Family Foundation is a registered charity in United States, based in Donaldsonvlle, LA. It received its IRS tax-exemption ruling in November 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, E J & Marjory B S Ourso Family Foundation reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, E J & Marjory B S Ourso Family Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include South Madison Community Foundation Inc ($1.2m), Irvine Valley College Foundation ($1.2m) and Partners Charity Fund for Israel ($1.2m).

At year end it held assets of $16.1m against liabilities of $3,000, net assets of $16.1m.