L Arche Jacksonville Inc

Analysis

L Arche Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 1992, 34 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 June 2024, L Arche Jacksonville Inc reported income of $2.9m and spending of $1.8m, leaving 37% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $2.9m (+87%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, L Arche Jacksonville Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include The Partnership to End Homelessness Inc ($2.9m), Gracewood Inc ($2.9m) and Minnesota Chamber Environmental Sustainability Foundation ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $79k (4.4% of expenses). Other salaries and wages came to $911k. At year end it held assets of $3.1m against liabilities of $119k, net assets of $3.0m. It reported 30 employees.