The Arc-Iberville

Analysis

The Arc-Iberville is a registered charity in United States, based in Plaquemine, LA. It received its IRS tax-exemption ruling in January 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, The Arc-Iberville reported income of $990k and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $979k to $990k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc-Iberville sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Oakland State Building Kids Corporation ($989k), Advantage Community Services Inc ($990k) and Ask Family Services ($989k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $86k (7.4% of expenses). Other salaries and wages came to $848k. At year end it held assets of $1.3m against liabilities of $60k, net assets of $1.2m. It reported 61 employees.