Arc of Acadiana Inc

Analysis

Arc of Acadiana Inc is a registered charity in United States, based in New Iberia, LA. It received its IRS tax-exemption ruling in April 1974, 52 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, Arc of Acadiana Inc reported income of $29.2m and spending of $25.6m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.3m to $29.2m (+7.0%), an average of +1.7% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of Acadiana Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Young Mens Christian Association of the Suncoast Inc ($29.2m), Child and Family Guidance Center ($29.3m) and St Nicks Alliance Home Care Corp ($29.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $962k (3.8% of expenses). Other salaries and wages came to $15.9m. At year end it held assets of $53.1m against liabilities of $2.7m, net assets of $50.4m. It reported 893 employees.