New Orleans Career Center

Analysis

New Orleans Career Center is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, New Orleans Career Center reported income of $4.6m and spending of $4.7m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.6m (+73%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Orleans Career Center sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Future Public School Inc ($4.6m), Foothills Educational Foundation ($4.6m) and Topeka Collegiate School Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $166k (3.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.5m against liabilities of $687k, net assets of $787k. It reported 38 employees.