Vieux Carre Property Owners Residents and Associates

Analysis

Vieux Carre Property Owners Residents and Associates is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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, Vieux Carre Property Owners Residents and Associates reported income of $278k and spending of $182k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $294k to $278k (-5.6%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vieux Carre Property Owners Residents and Associates sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Soldiers Sailors Marines and Airmens Club Inc ($278k), Congregation of Sisters Charity of St Vincent de Paul Colorado CH Inc ($278k) and Pregnancy Counseling and Information Center ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $77k (42% of expenses). Other salaries and wages came to $38k. At year end it held assets of $408k against liabilities of $0, net assets of $408k. It reported 1 employees.