The Arc of Burlington County Inc

Analysis

The Arc of Burlington County Inc is a registered charity in United States, based in Burlington, NJ. It received its IRS tax-exemption ruling in December 1971, 55 years ago. 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 2024, The Arc of Burlington County Inc reported income of $11.5m and spending of $11.4m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.2m to $11.5m (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 93% 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 Burlington County Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Lutheran Sunset Home ($11.5m), Wvu at Parkersburg Foundation Inc ($11.5m) and St Stephens School Corporation ($11.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $115k (1.0% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $5.5m against liabilities of $1.1m, net assets of $4.4m. It reported 270 employees.