Grounds Krewe Nola Inc

Analysis

Grounds Krewe Nola Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2023, Grounds Krewe Nola Inc reported income of $283k and spending of $152k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $283k (+174%), an average of +174% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 52% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Grounds Krewe Nola Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Friends of Coastal South Carolina ($282k), Energy Programs Consortium ($283k) and Time and the Valleys Museum ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $60k (39% of expenses). Other salaries and wages came to $38k. At year end it held assets of $379k against liabilities of $16k, net assets of $363k. It reported 2 employees.