Westbank Arc Incorporate
Analysis
Westbank Arc Incorporate is a registered charity in United States, based in Gretna, LA. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Westbank Arc Incorporate reported income of $1.2m and spending of $1.3m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.2m to $1.2m (-0.4%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 105% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westbank Arc Incorporate sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include Fun Time Child Care Ministry Inc ($1.2m), South Caldwell Christian Ministries ($1.2m) and Sprout Nola ($1.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.2% and program service revenue 86% of the total. Other salaries and wages came to $746k. At year end it held assets of $756k against liabilities of $63k, net assets of $693k. It reported 70 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.2%
- Program services 86%
- Other 9.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fun Time Child Care Ministry Inc | Indianapolis | $1.2m |
| South Caldwell Christian Ministries | Granite Falls | $1.2m |
| Sprout Nola | New Orleans | $1.2m |
| Jacksonville Urban League Inc | Jacksonville | $1.2m |