Teche Growers Association

Analysis

Teche Growers Association is a registered charity in United States, based in New Iberia, LA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2023, Teche Growers Association reported income of $68k and spending of $53k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $68k (-8.9%), an average of -8.9% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teche Growers Association sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within LA. Charities of a similar size with the same main cause include Mobile Meals Inc of Chippewa Falls ($68k), Community Food Pantry ($68k) and Trinity Lutheran Foundation of Lexington Nebraska ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.1% of the total. At year end it held assets of $368k against liabilities of $272k, net assets of $96k.