Louisiana Scottish Rite Foundation Inc

Analysis

Louisiana Scottish Rite Foundation Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in August 1959, 67 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable 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 June 2024, Louisiana Scottish Rite Foundation Inc reported income of $118k and spending of $119k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $192k to $118k (-39%), an average of -9.3% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Scottish Rite Foundation Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include Heber Valley Draft Horse Show ($118k), International Foundation for Nutrition and Health ($118k) and Hawthorne Cubs Football Association ($118k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.