Louisiana Association for Challenged Adults Inc

Analysis

Louisiana Association for Challenged Adults Inc is a registered charity in United States, based in Walker, LA. It received its IRS tax-exemption ruling in April 1990, 36 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, Louisiana Association for Challenged Adults Inc reported income of $645k and spending of $515k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $387k to $645k (+67%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 151%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Louisiana Association for Challenged Adults Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Laundry Truck LA ($645k), Community Garden Kitchen of Collin County Inc ($645k) and Urban Angels SF ($645k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 92% of the total. Other salaries and wages came to $209k. It paid $21 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $23k, net assets of $1.9m. It reported 42 employees.