The Arc of Greater New Orleans

Analysis

The Arc of Greater New Orleans is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in August 1954, 72 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 June 2023, The Arc of Greater New Orleans reported income of $8.8m and spending of $8.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $8.8m (+14%), an average of +3.3% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Greater New Orleans sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Shelter House Community Shelter and Transition Services ($8.8m), My Sisters Place Inc ($8.8m) and Good Samaritan Family Resource Center of San Francisco ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $22k (0.3% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $5.3m against liabilities of $1.4m, net assets of $4.0m. It reported 268 employees.