Community Foundation of North Louisiana

Analysis

Community Foundation of North Louisiana is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in June 1987, 39 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 2023, Community Foundation of North Louisiana reported income of $18.5m and spending of $12.3m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.6m to $18.5m (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of North Louisiana 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 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Vela Education Fund ($18.5m), Adp Foundation ($18.6m) and Coastal Bend Community Foundation ($18.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $285k (2.3% of expenses). Other salaries and wages came to $401k. At year end it held assets of $183.0m against liabilities of $11.5m, net assets of $171.5m. It reported 12 employees.