Treme Community Education Program Inc

Analysis

Treme Community Education Program Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 2016, 10 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, Treme Community Education Program Inc reported income of $210k and spending of $280k, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $145k to $210k (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Treme Community Education Program Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Homer-Center Recreation and Park Board Inc ($210k), Waymaker Off-Road Wheelchairs Inc ($210k) and Living Legends Foundation ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (24% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.0m against liabilities of $2,544, net assets of $1.0m. It reported 4 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.