Reconcile New Orleans Inc

Analysis

Reconcile New Orleans Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Reconcile New Orleans Inc reported income of $3.4m and spending of $3.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.4m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Reconcile New Orleans Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Glendale Youth Alliance Inc ($3.3m), Camp Korey ($3.4m) and Gladys Allen Brigham Community Center Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $525k (14% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.5m against liabilities of $1.1m, net assets of $5.3m. It reported 32 employees.