L-arche Wavecrest is a 501(c)(3) organization based in Orange, California, registered in 2000, with $839,869 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$840K
▲ 10.1% vs prior year
Human Services median: $293K
Expenses (FY2024)
$950K
Net assets
$655K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L-arche Wavecrest— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L-arche Wavecrest: 8 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L-arche Wavecrest— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L-arche Wavecrest: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $243K (FY2013) to $840K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-13.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$409K
Net assets
$655K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $839,869▲10.1% | $950,031▲14.2% | $654,884▼14.4% | $1,063,527▼11.7% | 990 |
| 2023 | $762,893▼19.6% | $832,081▲10.9% | $765,046▼8.3% | $1,204,414▼9.7% | 990 |
| 2022 | $948,827▲37.0% | $750,511▲9.6% | $834,234▲31.2% | $1,334,448▲27.2% | 990 |
| 2021 | $692,672▲2.6% | $684,890▲11.9% | $635,918▲1.2% | $1,049,491▼0.6% | 990 |
| 2020 | $674,893▲84.2% | $612,152▲25.9% | $628,136▲11.1% | $1,055,988▲5.4% | 990 |
| 2019 | $366,414▼10.9% | $486,275▲16.1% | $565,395▼17.5% | $1,002,267▼12.0% | 990 |
| 2018 | $411,165▲15.8% | $418,733▲13.1% | $685,250▼1.0% | $1,138,391▼0.7% | 990 |
| 2017 | $355,040▲20.4% | $370,330▲16.6% | $691,855▼2.2% | $1,145,951▼2.1% | 990 |
| 2016 | $294,854▼40.6% | $317,578▲14.3% | $707,145▼3.1% | $1,170,966▼2.5% | 990 |
| 2015 | $496,706▲8.6% | $277,823▼5.3% | $729,869▲43.1% | $1,201,515▲10.2% | 990 |
| 2014 | $457,552▲88.1% | $293,254▲12.6% | $510,100▲45.5% | $1,090,277▲15.4% | 990 |
| 2013 | $243,194 | $260,549▲1.3% | $350,659▼4.7% | $944,428▼2.0% | 990 |
| 2012 | — | $257,183▲19.0% | $368,014▲12.3% | $963,461▲2.4% | 990 |
| 2011 | — | $216,040 | $327,740 | $940,791 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
12 grants to L-arche Wavecrest totaling $216K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $15,270 |
| California Community Foundation | Health | 2023 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $20,168 |
| Orange County Community Foundation | Human services | 2023 | $7,500 |
| California Community Foundation | Health | 2022 | $25,000 |
| The Blackbaud Giving Fund | General support | 2022 | $10,000 |
| California Community Foundation | Health | 2021 | $25,000 |
| California Community Foundation | Economic opportunity | 2020 | $27,500 |
| California Community Foundation | Health | 2019 | $20,000 |
| California Community Foundation | Housing | 2018 | $25,000 |
| The Blackbaud Giving Fund | Charitable | 2018 | $6,000 |
| California Community Foundation | Civic engagement health | 2017 | $10,000 |
Explore more
Data for L-arche Wavecrest (EIN 33-0819668) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.