The Arc of Hunterdon County Inc

Analysis

The Arc of Hunterdon County Inc is a registered charity in United States, based in Hampton, NJ. It received its IRS tax-exemption ruling in July 2018, 8 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 June 2023, The Arc of Hunterdon County Inc reported income of $17.5m and spending of $18.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.7m to $17.5m (+12%), an average of +2.8% a year. Over the whole period it spent 96% 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 Hunterdon County Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Maranatha Baptist University Inc ($17.5m), Unite America Institute Inc ($17.5m) and Jack M Barrack Hebrew Academy ($17.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $534k (2.9% of expenses). Other salaries and wages came to $11.5m. At year end it held assets of $14.4m against liabilities of $10.6m, net assets of $3.8m. It reported 267 employees.