Extra Mile Region IV Inc

Analysis

Extra Mile Region IV Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in November 1991, 35 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, Extra Mile Region IV Inc reported income of $2.6m and spending of $2.1m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.6m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Extra Mile Region IV Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Jamieson Community Center Inc ($2.6m), Chatham-Savannah Authority for the Homeless ($2.6m) and Elmhill Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $92k (4.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.7m against liabilities of $584k, net assets of $1.1m. It reported 54 employees.