Caddo Community Action Agency Inc

Analysis

Caddo Community Action Agency Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in October 1973, 53 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 January 2024, Caddo Community Action Agency Inc reported income of $23.2m and spending of $23.5m, spending 101% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $18.0m to $23.2m (+29%), an average of +6.6% a year. The sharpest change came in the year to January 2023, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caddo Community Action Agency Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Somerset County Young Mens Christian Association Inc ($23.2m), Team Inc ($23.3m) and Blakeford at Green Hills Corporation ($23.2m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $337k (1.4% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $7.2m against liabilities of $1.6m, net assets of $5.6m. It reported 407 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.