James W McLaurin Testamentary Trust R78119006

Analysis

James W McLaurin Testamentary Trust R78119006 is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, James W McLaurin Testamentary Trust R78119006 reported income of $306k and spending of $39k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $310k to $306k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 43% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, James W McLaurin Testamentary Trust R78119006 sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include St Marys Housing Corporation Inc II ($306k), Bread of Life Mission of Holbrook Arizona ($306k) and Allen Griffin Ministries Inc ($306k).

At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.