Arc of Greater New Haven Inc

Analysis

Arc of Greater New Haven Inc is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in May 1954, 72 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Arc of Greater New Haven Inc reported income of $3.6m and spending of $3.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.6m (+25%), an average of +5.7% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arc of Greater New Haven Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Florida High School for Accelerated Learning-Palm Beach County Campus ($3.6m), Damar Charter School Inc ($3.6m) and Hood Theological Seminary ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $226k (6.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.4m. It reported 64 employees.