Foster the Love Louisiana Inc

Analysis

Foster the Love Louisiana Inc is a registered charity in United States, based in Broussard, LA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Foster the Love Louisiana Inc reported income of $213k and spending of $129k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2020 to December 2022, income fell from $217k to $213k (-1.6%), an average of -1.6% a year. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foster the Love Louisiana Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Embrace Delaware Inc ($213k), Camp Puzzle Peace ($213k) and Central Georgia Emc Foundation Inc ($213k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 5.5% of the total. Other salaries and wages came to $59k. At year end it held assets of $302k against liabilities of $110k, net assets of $191k. It reported 2 employees.