New Orleans Bowl Inc

Analysis

New Orleans Bowl Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in September 2001, 25 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 2023, New Orleans Bowl Inc reported income of $2.3m and spending of $2.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.3m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Orleans Bowl Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include RRFT Enterprise ($2.3m), Celtic Storm Soccer Club ($2.3m) and Special Camps for Special Kids ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. At year end it held assets of $2.2m against liabilities of $61k, net assets of $2.2m.