Maison de Lemaire Inc

Analysis

Maison de Lemaire Inc is a registered charity in United States, based in Youngsville, LA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Maison de Lemaire Inc reported income of $153k and spending of $189k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $123k to $153k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maison de Lemaire Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include Arroyo Commons Inc Aid Employment ($153k), Ken-Crest Housing Pa 2006 Inc ($153k) and Dayspring Outreach Ministries Incorporated ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $41k. At year end it held assets of $828k against liabilities of $22k, net assets of $806k. It reported 3 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.