Tarc-Serving People with Disabilities & Their Families

Analysis

Tarc-Serving People with Disabilities & Their Families is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in May 1974, 52 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 2023, Tarc-Serving People with Disabilities & Their Families reported income of $3.1m and spending of $3.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $3.1m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tarc-Serving People with Disabilities & Their Families 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 89th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Immigrant Law Center of Minnesota Inc ($3.1m), The Arc of Hilo ($3.1m) and Wdbid Management Company ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 92% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $2.1m against liabilities of $154k, net assets of $1.9m. It reported 125 employees.