The Arc of East Ascension

Analysis

The Arc of East Ascension is a registered charity in United States, based in Gonzales, LA. It received its IRS tax-exemption ruling in February 1980, 46 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 2023, The Arc of East Ascension reported income of $3.5m and spending of $2.8m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.5m (+14%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of East Ascension sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within LA. Charities of a similar size with the same main cause include Hopkins County Family Young Mens Christian Association Inc ($3.5m), Right to Be Inc ($3.5m) and YMCA of the Greater Tri-Cities ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $75k (2.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.9m against liabilities of $288k, net assets of $5.6m. It reported 113 employees.