Louisiana Bankers Patrick Spencer Fisc Education Foundation Inc

Analysis

Louisiana Bankers Patrick Spencer Fisc Education Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Louisiana Bankers Patrick Spencer Fisc Education Foundation Inc reported income of $61k and spending of $32k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $61k to $61k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Louisiana Bankers Patrick Spencer Fisc Education Foundation Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within LA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($61k), Giulio Gari Foundation Inc ($61k) and Anchor Bay Sports Boosters ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $1.1m against liabilities of $45k, net assets of $1.1m.