Brockton Area Arc Inc

Analysis

Brockton Area Arc Inc is a registered charity in United States, based in Brockton, 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 2022, Brockton Area Arc Inc reported income of $5.4m and spending of $4.5m, spending 82% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $3.2m to $5.4m (+68%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brockton Area Arc Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Prosperityme ($5.4m), Mary Lee Foundation ($5.4m) and Puzzle Pieces Inc ($5.4m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 3.3% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $99k (2.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $4.7m against liabilities of $1.2m, net assets of $3.5m. It reported 212 employees.