South Louisiana Facilities Corp

Analysis

South Louisiana Facilities Corp is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, South Louisiana Facilities Corp reported income of $1.5m and spending of $580k, leaving 61% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.5m (+6.3%), an average of +1.2% a year. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Louisiana Facilities Corp sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Open Education Global Incorporated ($1.5m), Albemarle Regional Library ($1.5m) and Sheet Metal Workers Local 27 Educational Trust Fund ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 81% of the total. At year end it held assets of $10.7m against liabilities of $4.8m, net assets of $6.0m.