The Arc of Ouachita

Analysis

The Arc of Ouachita is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in June 1966, 60 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, The Arc of Ouachita reported income of $4.8m and spending of $4.0m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.8m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Ouachita sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Creative Minds Adp Inc ($4.8m), Trybe Inc ($4.8m) and Center for Domestic Peace ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $133k (3.4% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.4m against liabilities of $851k, net assets of $2.5m. It reported 194 employees.