Arp Manor-Kings Mountain Inc

Analysis

Arp Manor-Kings Mountain Inc is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Arp Manor-Kings Mountain Inc reported income of $256k and spending of $340k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $256k (+6.1%), an average of +1.5% a year. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arp Manor-Kings Mountain Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Greater Westfield Mass Committee for the Homeless Inc ($256k), Coa Senior Housing Inc ($257k) and Accessible Housing Resources Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $2.1m against liabilities of $51k, net assets of $2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.