The Arc of Essex County Inc

Analysis

The Arc of Essex County Inc is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in October 2011, 15 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 of Essex County Inc reported income of $33.8m and spending of $33.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.7m to $33.8m (+10%), an average of +2.4% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Essex County 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 Money Management International Inc ($33.8m), Young Mens Christian Association of Metropolitan Hartford Inc ($33.8m) and People of Faith Inc ($33.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $743k (2.2% of expenses). Other salaries and wages came to $19.9m. At year end it held assets of $41.4m against liabilities of $16.9m, net assets of $24.5m. It reported 703 employees.