LA Maison Acadienne Inc

Analysis

LA Maison Acadienne Inc is a registered charity in United States, based in Madawaska, ME. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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 September 2023, LA Maison Acadienne Inc reported income of $863k and spending of $882k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $770k to $863k (+12%), an average of +2.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Maison Acadienne Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within ME. Charities of a similar size with the same main cause include The Charlotte Maxwell Clinic ($863k), St Charles Housing Inc ($863k) and Haven University ($863k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $123k. At year end it held assets of $1.2m against liabilities of $2.6m, net assets of -$1.4m. It reported 3 employees.