Daigle House Apartmentes Inc

Analysis

Daigle House Apartmentes Inc is a registered charity in United States, based in Youngsville, LA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Daigle House Apartmentes Inc reported income of $255k and spending of $320k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $255k (+21%), an average of +4.8% a year. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daigle House Apartmentes Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within LA. Charities of a similar size with the same main cause include Canyon Hope Ministries ($255k), Bull City Fair Trade ($255k) and Bettercare AFC Inc ($255k).

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 $43k. At year end it held assets of $3.0m against liabilities of $3.5m, net assets of -$471k. It reported 3 employees.

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.