L Arche Homes for Life Inc

Analysis

L Arche Homes for Life Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, L Arche Homes for Life Inc reported income of $304k and spending of $709k, spending 233% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $384k to $304k (-21%), an average of -5.6% a year. The sharpest change came in the year to September 2022, when income rose by 204%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, L Arche Homes for Life Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Second Baptist Housing Association II Inc ($304k), Somerset Court Apartments Inc ($304k) and East Austin Conservancy ($304k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $4.9m against liabilities of $2.0m, net assets of $2.9m.