Louisiana Community Development Capital Fund Inc

Analysis

Louisiana Community Development Capital Fund Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2020, Louisiana Community Development Capital Fund Inc reported income of $79k and spending of $76k, spending 97% of its income. Across the 2 years on record, from December 2018 to December 2020, income grew from $78k to $79k (+1.6%), an average of +1.6% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Louisiana Community Development Capital Fund Inc 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 31st percentile, and in the 31st percentile within LA. Charities of a similar size with the same main cause include Bricks Alliance Inc ($79k), Bath Volunteers for Service ($79k) and Upadowna ($79k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 107% of the total. At year end it held assets of $1.8m against liabilities of $559k, net assets of $1.3m.