Terrebonne Family Carnival Club Inc

Analysis

Terrebonne Family Carnival Club Inc is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 March 2024, Terrebonne Family Carnival Club Inc reported income of $135k and spending of $141k, spending 104% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $117k to $135k (+16%), an average of +16% a year. The sharpest change came in the year to March 2024, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Terrebonne Family Carnival Club Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within LA. Charities of a similar size with the same main cause include Juneau Soccer Club ($135k), Woodland Recreation Foundation ($135k) and Cambridge Competitive Curling Club Inc ($135k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 65% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.