Arc of St Charles Inc

Analysis

Arc of St Charles Inc is a registered charity in United States, based in Boutte, LA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. 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 2024, Arc of St Charles Inc reported income of $4.9m and spending of $4.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $3.9m to $4.9m (+26%), an average of +6.0% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of St Charles Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Marco Island Academy a Public Charter High School Inc ($4.9m), Albuquerque Academy for Boys Trust 1 ($4.9m) and Openplans Inc ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.3% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $772k (16% of expenses). At year end it held assets of $4.3m against liabilities of $996k, net assets of $3.3m. It reported 175 employees.