18th Ward
Analysis
18th Ward is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 May 2023, 18th Ward reported income of $1.4m and spending of $746k, leaving 45% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $601k to $1.4m (+126%), an average of +126% a year. The sharpest change came in the year to May 2023, when income rose by 126%. Over the whole period it spent 60% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 18th Ward sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within LA. Charities of a similar size with the same main cause include Lower Dauphin Soccer Association ($1.4m), Madison Ice Inc ($1.4m) and Naz Elite Inc ($1.4m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $65k (8.7% of expenses). Other salaries and wages came to $186k. It paid $35k in professional fundraising fees. At year end it held assets of $780k against liabilities of $118, net assets of $780k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lower Dauphin Soccer Association | Hummelstown | $1.4m |
| Madison Ice Inc | Madison | $1.4m |
| Naz Elite Inc | Flagstaff | $1.4m |
| City of Weirton Board of Park Commissioners | Weirton | $1.4m |