Central Louisiana Community Foundation

Analysis

Central Louisiana Community Foundation is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in August 1999, 27 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 March 2023, Central Louisiana Community Foundation reported income of $3.4m and spending of $3.2m, spending 95% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $8.7m to $3.4m (-62%), an average of -27% a year. The sharpest change came in the year to March 2022, when income rose by 89%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Louisiana Community Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Friends of Notre-Dame de Paris Inc ($3.4m), United Way of the Big Bend Inc ($3.4m) and Ewtn Religious Catalogue Inc ($3.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $252k. At year end it held assets of $30.0m against liabilities of $671, net assets of $30.0m. It reported 6 employees.