Louisiana Foundation for Excellence in Science Technology and Educatn

Analysis

Louisiana Foundation for Excellence in Science Technology and Educatn is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 2001, 25 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 December 2022, Louisiana Foundation for Excellence in Science Technology and Educatn reported income of $225k and spending of $209k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $68k to $225k (+232%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 760%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Louisiana Foundation for Excellence in Science Technology and Educatn 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 56th percentile, and in the 55th percentile within LA. Charities of a similar size with the same main cause include Calipari Foundation Inc ($225k), Fernando Foundation Inc ($225k) and Olad ($225k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $138k against liabilities of $26k, net assets of $112k.