Terrebonne Arc

Analysis

Terrebonne Arc is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Terrebonne Arc reported income of $12.7m and spending of $11.0m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $12.7m (+26%), an average of +5.9% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Terrebonne Arc 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 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Emmaus Calling Inc ($12.7m), Tremont Monterey Day Care Center Inc ($12.7m) and Weaverland Financial Aid ($12.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $289k (2.6% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $28.3m against liabilities of $637k, net assets of $27.7m. It reported 233 employees.