Southwest Louisiana Veterans Association

Analysis

Southwest Louisiana Veterans Association is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southwest Louisiana Veterans Association reported income of $179k and spending of $125k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $179k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Louisiana Veterans Association 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 51st percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Arizona Natural History Association Inc ($179k), Coldstream Christian Camp ($179k) and Racor Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.