The Arc of Texas

Analysis

The Arc of Texas is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in July 1996, 30 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 December 2022, The Arc of Texas reported income of $249k and spending of $316k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $349k to $249k (-28%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 109% 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 Texas sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Akwa Ibom State Association of Nigeria USA ($249k), Discipleship Training Ministries ($249k) and Viet Voices ($249k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 59% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $64k (20% of expenses). Other salaries and wages came to $80k. At year end it held assets of $1.5m against liabilities of $160k, net assets of $1.3m. It reported 4 employees.

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.