St Tammany Art Association

Analysis

St Tammany Art Association is a registered charity in United States, based in Covington, LA. It received its IRS tax-exemption ruling in January 1961, 65 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, St Tammany Art Association reported income of $289k and spending of $280k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $242k to $289k (+19%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Tammany Art Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include TPCM Sharks WPC ($289k), Rochester Family Mission ($289k) and Habitat for Humanity International Inc ($289k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 55% and program service revenue 21% of the total. Other salaries and wages came to $80k. At year end it held assets of $896k against liabilities of $358k, net assets of $538k. It reported 2 employees.