A R C Foundation of Monroe Inc

Analysis

A R C Foundation of Monroe Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in October 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A R C Foundation of Monroe Inc reported income of $696k and spending of $1.6m, spending 232% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $537k to $696k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A R C Foundation of Monroe Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include American Water Works Association ($696k), Ed Ahead ($696k) and Amy Adina Schulman Memorial Fund Inc ($696k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $101k (6.3% of expenses). Other salaries and wages came to $137k. At year end it held assets of $5.7m against liabilities of $20k, net assets of $5.6m.