Greater New Orleans District Senior Olympics

Analysis

Greater New Orleans District Senior Olympics is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Greater New Orleans District Senior Olympics reported income of $77k and spending of $61k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $42k to $77k (+82%), an average of +82% a year. The sharpest change came in the year to June 2024, when income rose by 82%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater New Orleans District Senior Olympics sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within LA. Charities of a similar size with the same main cause include Perrysburg Rowing Club Inc ($77k), Police Athletic League Inc of Allentown Pa ($77k) and Fighting Angels Volleyball Club ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.