Friends of Basis Louisiana

Analysis

Friends of Basis Louisiana is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Basis Louisiana reported income of $1.9m and spending of $2.0m, spending 105% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.3m to $1.9m (+51%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Basis Louisiana sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Orton Academy LLC ($1.9m), National Christian College Athletic Association ($1.9m) and Rochelles Little Angels Inc ($1.9m).

At year end it held assets of $42.6m against liabilities of $42.1m, net assets of $502k.