Louisiana Clean Fuels Inc

Analysis

Louisiana Clean Fuels Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Louisiana Clean Fuels Inc reported income of $333k and spending of $523k, spending 157% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $224k to $333k (+49%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 81%. Over the whole period it spent 107% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Louisiana Clean Fuels Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include Mattapoisett Land Trust Inc ($333k), Fair Hill Environmental Foundation Inc ($333k) and South Santiam Watershed Council ($333k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $256k (49% of expenses). Other salaries and wages came to $55k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 5 employees.