Lafourche Arc

Analysis

Lafourche Arc is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in July 1975, 51 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, Lafourche Arc reported income of $11.6m and spending of $12.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.3m to $11.6m (-4.9%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lafourche 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 Womens Refugee Commission Inc ($11.6m), Outreach Community Ministries Inc ($11.7m) and Pegasus Schools Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 91% of the total. Other salaries and wages came to $8.3m. At year end it held assets of $14.3m against liabilities of $546k, net assets of $13.7m. It reported 426 employees.