The Arc Mercer Inc

Analysis

The Arc Mercer Inc is a registered charity in United States, based in Ewing, NJ. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Mercer Inc reported income of $33.9m and spending of $29.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.2m to $33.9m (+77%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc Mercer Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include The Elizabeth Hospice Inc ($33.9m), Chattanooga Area Food Bank Inc ($33.9m) and Jewish Community Centers of Greater Boston Inc ($33.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $293k (1.0% of expenses). Other salaries and wages came to $18.1m. At year end it held assets of $23.7m against liabilities of $6.2m, net assets of $17.5m. It reported 755 employees.