LA a Schools Inc

Analysis

LA a Schools Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, LA a Schools Inc reported income of $411k and spending of $439k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $264k to $411k (+56%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LA a Schools Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Participatory Politics Foundation ($411k), Curationist Foundation Inc ($411k) and Great Arizona Puppet Theater Inc ($411k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (19% of expenses). Other salaries and wages came to $99k. It paid $20k in professional fundraising fees. At year end it held assets of $246k against liabilities of $14k, net assets of $232k. It reported 3 employees.