The Arc of Southington Inc

Analysis

The Arc of Southington Inc is a registered charity in United States, based in Plantsville, CT. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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 June 2023, The Arc of Southington Inc reported income of $6.8m and spending of $6.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $6.8m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc of Southington Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Natural Resources Conservancy ($6.8m), National Childrens Advocacy Center Inc ($6.8m) and Calvary University ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $270k (4.0% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $3.9m against liabilities of $1.5m, net assets of $2.4m. It reported 164 employees.