Arcadia Place Inc

Analysis

Arcadia Place Inc is a registered charity in United States, based in Arcadia, LA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Arcadia Place Inc reported income of $69k and spending of $106k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $71k to $69k (-2.5%), an average of -0.6% a year. Over the whole period it spent 160% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arcadia Place Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within LA. Charities of a similar size with the same main cause include Paragon Homes for Elderly Inc ($69k), Community Apartments Corporation of Davidson County ($69k) and Cedar Ridge Apartments Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $971k against liabilities of $64k, net assets of $907k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.