The Arc of the South Shore Inc

Analysis

The Arc of the South Shore Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in December 1954, 72 years ago. Its declared purposes cover human services, 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 June 2023, The Arc of the South Shore Inc reported income of $15.1m and spending of $14.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.4m to $15.1m (+22%), an average of +5.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of the South Shore Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Leo Inc ($15.1m), Jewish Community Center of Metro West Inc ($15.1m) and Catholic Charities of Staten Island Inc ($15.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $349k (2.3% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $13.5m against liabilities of $4.0m, net assets of $9.5m. It reported 244 employees.