Lctcs Facilities Corporation
3850 N Causeway Blvd Ste 1930, Metairie, LA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $32,204,830 | $22,863,636 | $118,846,465 |
| FY2023 | $35,906,032 | $22,745,462 | $109,427,800 |
| FY2022 | $43,360,911 | $26,083,854 | $84,612,074 |
| FY2021 | $43,562,374 | $22,678,445 | $67,483,859 |
| FY2020 | $30,927,293 | $25,650,881 | $54,442,986 |
| FY2019 | $27,200,143 | $25,669,071 | $57,354,480 |
| FY2018 | $24,876,663 | $18,836,134 | $55,275,440 |
| FY2017 | $29,456,449 | $24,368,370 | $49,370,892 |
| FY2016 | $39,179,936 | $17,507,624 | $65,167,626 |
| FY2015 | $28,807,070 | $21,240,516 | $41,928,776 |
| FY2014 | $23,520,186 | $11,839,474 | $35,514,740 |
| FY2013 | $15,286,712 | $10,934,978 | $30,256,697 |
| FY2012 | $16,545,173 | $7,690,980 | $26,150,576 |
| FY2011 | $13,282,757 | $7,237,861 | $17,629,145 |
Form 990 filings
The returns filed by Lctcs Facilities Corporation (EIN 26-1871311), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,022,541 | 3% |
| Program service revenue | $29,594,635 | 92% |
| Other revenue | $1,587,654 | 5% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $22,825,807 | 100% |
| Management & general | $37,829 | <1% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 92% of total revenue in FY2024.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2024. That is higher than 96.8% of 63 Education organizations in LA.
- Net assets covered about 62.4 months of expenses at the end of the reporting year. That puts it in the 81st percentile among 563 Education organizations in LA.
- Total revenue was higher than 96.4% of 583 Education organizations in LA.
- Total revenue rose from $13,282,757 in FY2011 to $32,204,830 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- The highest revenue on record here is $43,562,374 in FY2021.
- Net assets grew from $17,629,145 to $118,846,465 between FY2011 and FY2024.
- Contributions and grants made up 92% of revenue in FY2011 and 3% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO DEVELOP, ACQUIRE, PURCHASE, REPAIR, IMPROVE, RENOVATE, AND EXPAND CERTAIN PUBLIC FACILITIES ON FOURTEEN OF THE EXISTING CAMPUSES OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM,INCLUDING ALL FURNISHINGS, FIXTURES AND EQUIPMENT INCIDENTAL OR NECESSARY IN CONNECTION THEREWITH (THE
IRS status
| Ruling year | 2008 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B024 — Education (in LA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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