Arc of Onondaga Foundation

Analysis

Arc of Onondaga Foundation is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Arc of Onondaga Foundation reported income of $249k and spending of $427k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $249k (+0.2%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of Onondaga Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include McMinn County Senior Citizens Inc ($249k), Keiki to Kupuna Foundation ($249k) and Community Child Care Center Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $3.2m against liabilities of $38k, net assets of $3.2m.