L Arche Syracuse Inc

Analysis

L Arche Syracuse Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, L Arche Syracuse Inc reported income of $2.9m and spending of $2.4m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.9m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, L Arche Syracuse Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Worcester County Commission on Aging Incorporated ($2.9m), Edmonds Senior Center ($2.9m) and Nutritionfacts Org Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $114k (4.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.2m against liabilities of $304k, net assets of $3.9m. It reported 58 employees.