L Arche Boston North Inc

Analysis

L Arche Boston North Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, L Arche Boston North Inc reported income of $3.6m and spending of $3.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.6m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L Arche Boston North Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Mille Lacs Co Area Dac Inc ($3.6m), Western Lane County Foundation ($3.6m) and Sarah Bush Lincoln Health Foundation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $98k (2.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.6m against liabilities of $2.4m, net assets of $2.2m. It reported 76 employees.