Cadence of Acadiana Inc

Analysis

Cadence of Acadiana Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in November 2000, 26 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, Cadence of Acadiana Inc reported income of $5.7m and spending of $4.6m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.2m to $5.7m (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cadence of Acadiana Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Oak Meadows ($5.7m), Childrens Home of Lubbock and Family Service Agency Inc ($5.7m) and The Center for Family Justice Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $5.7m against liabilities of $1.4m, net assets of $4.3m. It reported 115 employees.