Karnival Krewe de Louisiane Inc

Analysis

Karnival Krewe de Louisiane Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Karnival Krewe de Louisiane Inc reported income of $406k and spending of $405k, spending 100% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $326k to $406k (+24%), an average of +5.6% a year. The sharpest change came in the year to April 2022, when income rose by 685%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Karnival Krewe de Louisiane Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include The League for Crippled Children Inc ($406k), 22 Project ($406k) and American Society of Neurophysiological Monitoring ($406k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.