Lsu Alumni Association

Analysis

Lsu Alumni Association is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 1960, 66 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lsu Alumni Association reported income of $3.6m and spending of $5.0m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.0m to $3.6m (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lsu Alumni Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within LA. Charities of a similar size with the same main cause include A D E P T Programs Inc ($3.6m), Chicago Women in Trades ($3.6m) and Elijah House Academy ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $506k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $40.6m against liabilities of $866k, net assets of $39.7m. It reported 80 employees.