Maison Desprit of Lafayette Inc

Analysis

Maison Desprit of Lafayette Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in January 1993, 33 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 September 2023, Maison Desprit of Lafayette Inc reported income of $192k and spending of $194k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $138k to $192k (+39%), an average of +8.5% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maison Desprit of Lafayette Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Hubbard County Senior Housing Inc ($192k), Gospa Village Inc ($192k) and Fobt Pipeline Inc ($192k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $33k. At year end it held assets of $641k against liabilities of $32k, net assets of $609k.