The 15 White Coats Inc

Analysis

The 15 White Coats Inc is a registered charity in United States, based in Gretna, LA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The 15 White Coats Inc reported income of $360k and spending of $229k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $360k (+305%), an average of +305% a year. The sharpest change came in the year to December 2023, when income rose by 305%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The 15 White Coats Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Brian M Anselmo Memorial Foundation ($360k), Montessori in the Woods Inc ($360k) and Hashems Children Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (16% of expenses). At year end it held assets of $230k against liabilities of $213, net assets of $230k. It reported 1 employees.